Web jet looking to spend

July 2006
Travel Weekly Australia;7/28/2006, p7
Trade Publication
The article reports on the confirmation of Webjet that it is looking to capitalize on the $23 million it has in cash reserves. Webjet managing director David Clarke said that the company had not yet described any specific strategic opportunities but is anticipating something to emerge. However, Clarke disagree with the suggestion that the company will be investing in traditional travel business.


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