Transonic expects strong earnings


Transonic Travel Ltd expects an increase of at least 25 per cent in full year earnings after reporting a strong first half net profit.

“Outbound travel from Australia, which has been Transonic’s main business, is expected to grow by at least six per cent per annum for the next four years, and this industry forecast is consistent with announced increases in airline capacity and new route development.”.

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From Transonic expects strong earnings