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Corporate Travel: Sydney lockdown smashing local sector

Liam WalshReporter
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Key Points

  • Full-year revenue ($m) 174.0, down 45pc
  • Pre-tax loss ($m) 75.6 v 11.8
  • Net loss ($m) 57.8 v 10.6
  • Dividend: nil

Corporate Travel Management says constant lockdowns and sealing off Sydney as a journey hub is significantly delaying a regional recovery, warning jobs are at risk.

The Brisbane-based travel outfit, which organises business trips for client companies, pleaded on Wednesday with Australian governments to support the sector.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
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    Original URL: https://www.afr.com/companies/tourism/corporate-travel-sydney-lockdown-smashing-local-sector-20210817-p58jjx