Travel Agency in New Zealand: Webjet Limited Essay

Travel Agency in New Zealand: Webjet Limited Essay

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Introduction
Webjet Limited is major travel agencies of the New Zealand and Australia which provides various online services to the customers. The services provided by the Webjet includes
➢ Flight Booking (Domestic and International)
➢ Hotel Accommodation (Both Domestic and International)
➢ Holiday Package deals. (Both Domestic and International)
➢ Car Hire Service i.e.renting a cab (worldwide).
➢ Travel Insurance for the customers and the passengers travelling
The founders of Webjet Limited are David Clarke, John Lemis and Allan Nahum. The head office of the company is located in Melbourne, Australia. The company was founded in the year 1988 and the same was listed in the Australian Stock exchange in the year 2000 through a reverse take-over deal with Roper river resources New Zealand. In between 2007 and 2010 the Webjet.com had been ranked as the most visited website by HITWISE TRAVEL AGENCIES. One of the major competitor of Webjet Limited in the recent years is Wotif.com which is an Australian Based website providing online services to the customers which is in similar to services rendered by Webjet. The head office of Wotif.com is located in Milton, Queensland.
Overview of the Company’s Operation for the year ended 2013
Webjet Limited and Wotif Limited are into the same line of business. The major areas of comparison will be from the financial statement of both the companies for the year 2012 and 2013. For the year 2013 Webjet Limited has shown a net profit before tax to the tune of $ 11.40 million as compared to the last year profit of $ 19.30 million. Further, the net profit after tax of the company is $ 6.5 million in 2013 as against the $13.6 million in the previous year 2012. Despite of the decline in the profit the ...


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...sed 2014).
Wikipedia. WebJet. https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=5&cad=rja&uact=8&ved=0CFgQFjAE&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FWebjet&ei=Tt18U4PiGMjorAe_oIHwDg&usg=AFQjCNFBDyXiaoYUGtANETzuBogZiWjgyw&sig2=sudMwWYkFQXtTaJVWdOPnw&bvm=bv.67229260,d (accessed 2014).
—. WotIf. https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=11&cad=rja&uact=8&ved=0CG4QFjAK&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FWotif.com&ei=at58U7CGIsj4rQejpoGQCA&usg=AFQjCNHbs7sSCk4XEUDKnWiFxYkGSK0ivA&sig2=tBKaTXQqcP_xJ7buFeCi3Q&bvm=bv.672292 (accessed 2014).
Wotif. Wotif.com. https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CDwQFjAA&url=http%3A%2F%2Fwww.wotif.com%2F%3Fcountry%3DIN&ei=at58U7CGIsj4rQejpoGQCA&usg=AFQjCNEsxfnwYLisEMI2fJwRsUpUyW3TXA&sig2=tRyVBs1eIaIUFKtz72HaKw&bvm=bv.67229260,d. (accessed 2014).



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