Jetset Travelworld
Stock Code
Stock Exchange
Jetset Travelworld (JET) operates a travel agency franchise business providing wholesale, retail and business travel-related products and services across Australia. The company also operates an integrated airline ticketing facility in all mainland states. JET comprises Jetset, Travelworld, Orient Pacific, Qantas Business Travel and Qantas Holidays (including the Viva! brand). It has three segments: Retail, Wholesale and Business Travel. The Company has retail travel networks with more than 640 member outlets.
Travel Agency Company Jetset Travel World (ASX:JET) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stockmarket.
- Jetset Travel World Net Profit of $8.6 million, down 22.9 percent from 11.2 million on the previous corresponding period.
Australian travel agency company, Jetset (ASX:JET) shareholders have approved a $440 million merger with Stella Travel Services. Last week, the Australian Competition and Consumer Commission (ACCC) approved the merger, with the competition including Flight Centre, online travel agents and direct supply from hotels, tour operators and airlines. The approval sent JET shares up to 17 percent higher on the day.
Read up on the dividend history for JETSET TRAVELWORLD LTD. Dividends are payments made by a public company to its shareholders. It is a portion of corporate profits paid out to stockholders. You are eligible to receive JET dividends if you own the JETSET TRAVELWORLD LTD shares on the ex-dividend date. Investors and traders must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the JET dividend if you buy the stocks on or after the ex dividend date.
Qantas (QAN) currently has troubles in two areas via two partially owned companies: Jetset Travelworld (JET) and Air Pacific. Qantas owns 46 percent of Air Pacific while they own 58 percent of JET after a merger of Qantas Holidays and Qantas Business Travel with Jetset which created Australia's largest listed travel agency franchise.
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