Andrew Burnes

June

Mergers & acquisitions

Tourists visit the Acropolis in Athens. Webjet is one of the biggest travel agencies in Australia, and is now entirely exposed to leisure travel after being spun out of its corporate services business.

BGH demands Webjet return $100m, hoping to flush out rival bidders

The private equity firm is working with veteran corporate raider Gary Weiss to acquire the business, but is being stymied by a rival travel agency, Helloworld.

Jun 30, 2025
Ayesha de Kretser

Opinion
Chanticleer

The fundie wars are raging and listed investment companies are a big part of it.

The Webjet plan that sparked a fight with big egos and big money

When a company’s five-year plan is more attractive to suitors than investors, the conditions are set for a delicious takeover battle. Webjet is one to watch.

Jun 1, 2025
Anthony Macdonald

September 2020

Earnings season

Helloworld braces for 2025 travel recovery

The travel outfit's CEO tips people "will not hesitate" to venture away from home when possible, knowing that "circumstances can change very rapidly".

Sep 1, 2020
Liam Walsh

July 2020

Rear Window

Helloworld's Andrew Burnes is optimistic that people's desire to travel will see the business bounce back.

Qantas, Alysandratos decline Helloworld raising

But the chief executive digs deep.

Jul 28, 2020
Myriam Robin

Air travel

Helloworld bites $50m bullet as crisis deepens

The raising comes despite the Melbourne-based travel outfit two months ago downplaying the need to raise funds.

Jul 16, 2020
Liam Walsh

Original URL: https://www.afr.com/person/andrew-burnes-1yn