WEB – Webjet Limited | Aussie Stock Forums

Still been watching this one, although I don’t have any…..

A lot of movement. S8 has got rid of holding it aquired through HWT. Thorney group has increased holdings again.

If you want my tip —- things are not all good for webjet :eek:

1) Airlines are no longer providing commissions (OK we knew that – but I think this will hurt a lot more than they are letting on)

2) Webjet is having to spend on advertising to keep growing – and its selling itself as a place to book flights, not as an integrated travel agency.

Before they stopped disclosing their monthly bookings, webjet sales through bookings were on a steep upward trajectory. Below are a couple of reasons I think this trajectory will severly plateau or even reverse as a result of personal experience with their site;

1) Webjet is no longer the cheapest way to book domestic flights!!!!! On a return trip to Melbourne (from Adelaide) webjet quoted $226 (with a webjet commission of $17) flying with virginblue. The same flight numbers booked direct on virginblue’s site was $205…… so webjet states they don’t need the airlines commission but are now slapping on their own – I’m sure just as quickly as people flocked to the site, people will now leave.

2) funny buggers are being played with the airline comparison costs. Qantas often show up as cheaper when comparing the flights – but by the time you got to the checkout quote, the flights are more expensive than virgin…… ??? I am unsure if this is Qantas playing with the system (by adding taxes onto the flight costs) or this is done with webjets knowledge……

The reason anyone would book with webjet now????????

I would get ready for some rude shocks over the next year unless they change their business model

My thoughts

TJ

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