The managing director of Webjet has sold down almost half his shares in the battling travel outfit in a $21 million deal. The sales come only weeks after John Guscic talked up the potential for the pandemic-struck Melbourne-based business and played a straight bat to queries about loans tied to his shares.What kind of travel business is Webjet Limited?
Webjet Limited is a digital travel business spanning both global consumer markets (through B2C) and wholesale markets (through B2B).Who are the owners of WebJet Linhas Aereas?
WebJet Linhas Aéreas S.A. was a low-cost Brazilian airline, based in Rio de Janeiro, which operated from 2005 to 2012. After a succession of owners, it was acquired in July 2011 by Gol Transportes Aéreos, which eventually decided to close it.What is the stock price of Webjet now?
Shares in Webjet – currently a top shortselling target – were trading up 5¢ at $3.86 on Monday. The company's share price skyrocketed and was trading as high as $16.87 in 2019, but was smashed in the pandemic as borders shut down travel industries.