Webjet: Australia/New Zealand vaccine rollouts expected to have positive impact in early 2022

Webjet stated (31-Aug-2021) accelerated vaccine rollouts underway in Australia and New Zealand are expected to have a positive impact in early 2022, although timing for removal of border restrictions remain uncertain. US and UK vaccine rollout programmes are well advanced, with North American and European markets starting to open up. Webjet notes as markets open, all businesses rebound quickly. Webjet noted beyond FY2022, the company is ideally positioned as global travel markets reopen, and as a result, the company believes it will be substantially bigger and more profitable once it is back at scale. [more - original PR]