JET 0.00% 43.0¢ jetset travelworld ltd

travel industry set to improve - jet to reap rewar

  1. 2,161 Posts.
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    I believe JET are now very well placed to reap rewards from the travel industry as it starts to improve.

    With the SARS situation improving, the drop of the Ansett levy, and the announcment of the goverment spending big bucks on a promote Aus campaign, I think Jet are in a great position.

    They have picked up a lot of assests during this down time and now have 750 franchise outlets.

    They have just announced a partnership with a massive US travel based company that is set to improve their business travel market share.

    They are also very tightly held with one company having purchased 60% of JET recently at 25c.

    In my view the share price could quickly return to that 25c range.

    Cheers

    Darrin
 
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