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Webjet Accelerates Business Travel Growth with $23M Locomote Acquisition
3:41pm on Wednesday 1st of October, 2025 AEST
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Travel & Leisure
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Webjet Accelerates Business Travel Growth with $23M Locomote Acquisition
3:41pm on Wednesday 1st of October, 2025 AEST
Key Points
Acquisition of Locomote for $17M upfront plus $6M earn-out
Locomote’s scalable digital platform enhances Webjet’s business travel offering
Acquisition supports FY30 Strategic Plan growth pillars
Expected positive revenue impact but EBITDA reduction in FY26
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