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How Webjet’s $17M Locomote Buyout Could Transform Business Travel
9:53pm on Friday 29th of August, 2025 AEST
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Travel & Leisure
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How Webjet’s $17M Locomote Buyout Could Transform Business Travel
9:53pm on Friday 29th of August, 2025 AEST
Key Points
Acquisition of Locomote for $17 million upfront plus $6 million earn-out
Locomote’s platform to accelerate Webjet’s business travel growth and TTV expansion
FY26 underlying EBITDA expected broadly flat with FY25, excluding acquisition impact
Announced $25 million on-market share buy-back program
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