Announcement today TRAVELTECH
http://www.traveltechasiapacific.co...%3Eprofits-grow
Thursday, 26 October 2006 10:35:45 AM
Webjet Diversifies as Sales Grow
Webjet MD David Clarke
ONLINE retailer Webjet is starting to diversify income by placing its airline booking engine - which already generates most of the company's revenue - on three new websites within the next two months.
Managing Director David Clarke said the booking engine will soon feature on the Travelmate and Need It Now consumer sites, in addition to the Creative Holidays trade site.
The booking engine is part of the Travel Service Aggregator technology platform Webjet developed in conjunction with Galileo and Microsoft.
It can process up to 1000 transactions a minute and has been a key reason for the recent strong business performance of Webjet, which recently announced a net profit for the six months to December 31, 2004, of A$254,484.
Further profit announcements are expected with sales continuing to surge.
February, with just 28 days, was a record month with A$8.1 million in sales (11% up on January) driven by 22,000 bookings covering 30,000 passengers.
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