Webjet posts 24 increase in 3Q TTV

first_imgWebjet recently announced a 24 per cent increase in Total Transaction Value (TTV) for July to September 2010. The company posted third quarter TTV of approximately $149 million in this year’s period compared to $120 million last year, it said in an announcement on 4 October. “As average booking values this year are essentially the same as last year, virtually all of this income is in unit numbers and reflects Webjet’s increasing market footprint where available airline data suggests a general market increase in the order of between 8-10 per cent. In other words, Webjet’s rate of growth is between 2.5 and 3 times the underlying market,” managing director David Clarke said.“This latest quarterly increase relative to 2009, compounds the growth of similar order which we achieved in this quarter last year, when we defied the general industry downturn.” Source = e-Travel Blackboard: C.Clast_img read more