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Webjet exceeds $500m turnover in FY10

Webjet exceeds $500m turnover in FY10

Online travel company Webjet (ASX:WEB) has revealed its FY10 turnover grew 29% to $501 million.

The company, which reported an FY09 turnover of $388 million, said it had achieved the result despite a significant drop in ticket prices over the past financial year.

“This is in an environment of at best single digit industry overall growth and reflects Webjet's increased market footprint,” Webjet managing director David Clarke said.

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