Jetset Travelworld Limited · Sydney Australia
Company Description
Phone: +61-2-8080-3150
Fax: +61-2-8080-3199
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Jetsetting isn't just for the rich and famous anymore. Just ask Jetset Travelworld Limited, one of Australia's largest travel agency franchises. The company sees to the provision of various travel related products and services, including the operation of an airline ticketing facility in all mainland states. Its 2007 acquisition of Orient Pacific Holidays created a wholesale division and subsidiary for the company, known as JTG Wholesale. In mid-2008, Jetset Travelworld became a subsidiary of Qantas Airways after that company acquired a 58% stake. Jetset also became the parent company of two Qantas travel businesses, Qantas Holidays and Qantas Business Travel, at that time. To read the full description, subscribe now.
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Key Jetset Travelworld Limited Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $137.0 |
| Employees | 51 |
Jetset Travelworld Limited Executives
3 executives listed for Jetset Travelworld Limited's Sydney, location.
| Title | Name & Bio | Contact |
| CEO | Michael Reed | Network |
| Company Secretary | Stephen Heesh | Network |
| Executive Director | Peter Spathis | Network |
Competition
Competitive Landscape for Jetset Travelworld Limited
Demand is driven by business and tourist travel, which depends on the economy. The profitability of individual companies depends on marketing. Large companies have an advantage in being able to provide a wider range of services, especially to corporate customers, and to afford sophisticated websites. Small companies can compete effectively by providing service to a few large customers or by serving a local market. Despite automation, the industry remains labor-intensive; average annual revenue per employee at traditional travel agencies is just $75,000. Two major factors have shaped the industry in recent years: sophisticated pricing schemes developed by the airlines to maximize profitability, and the emergence of the Internet as a widely available information and booking tool. To read the full description, subscribe now.Top Jetset Travelworld Limited Competitors
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