Media Release
Webjet TTV six months to December nudges a quarter of a billion dollars
6th January 2010
Webjet today announced total transaction values for the six months to 31 December 2009 totalled approximately $248 million compared with $182 million for the same time last year, representing a 37% increase. In this half year the increase of $66 million exceeded the increase in the whole 12 months to June 2009 of $58 million.
Webjet Managing Director, David Clarke, said "Webjet has totally defied the broadly reported industry downturn over the last 12 months and in particular during the last six months where our growth rate which has been entirely organic, has vastly exceeded general industry data. We have clearly gained substantial market share.
The growth rate has been achieved by our operating and marketing activities without the need for acquisitions or the expenditure of shareholder capital.
Current demand levels are strong and we see tentative signs of demand recovery.
Webjet's major marketing campaign for 2010 commences in approximately 10 days time and has over the last week seen the commencement of our Stay and Pay television campaign."