1、Annual Report 2020B2CB2BWebjet LimitedABN 68 002 013 612Webjet Limited is a digital travel business spanning both wholesale markets(through B2B)and consumer(through B2C).Travel Hotels is the worlds#2 and fastest growing accommodation supplier to the wholesale travel industry.Global coverage reportin
2、g into 3 regions:Europe Americas,Middle East&Africa(AMEA)Asia PacificWebjet is the#1 Online Travel Agency(OTA)in Australia and New Zealand.Online Republic is a market leading specialist in the provision of rental car and motorhome bookings.1 2 Chairmans Message 4 Managing Directors Review 6 Operatin
3、g Review 8 COVID-19 Pandemic 10 Post COVID-19 Strategies 12 Our people 14 B2B WebBeds 18 B2C Webjet OTA 20 B2C Online RepublicContentsWebjet staff holiday photos 22 Directors Report 29 Auditors Independence Declaration 30 Remuneration Report 48 Sustainability Statement 53 Financial Report 99 Shareho
4、lder Information 100 Corporate Directory2Full year FY20 TTV was down 21%on the prior year at$3.0 billion,revenue was down 27%to$266.1 million and EBITDA for underlying operations was down 80%to$26.4 million.To give a sense of the magnitude of the impact COVID-19 has had on our business,for the 12 mo
5、nths to December 2019,the Company had reported underlying EBITDA of$155.5 million.By year end,most of the global travel industry was on life support.In the face of this existential threat your company acted quickly to rethink its strategy,restructure and recapitalise.We are acutely aware of the dest
6、ruction in shareholder value across the industry globally,and we are determined to lead the way when the recovery comes.Your Companys Response to the PandemicWhen the scale of the impact of COVID-19 became clear,your board and management team acted quickly to rethink all facets of the companys busin