WJL.ASX: Change to Commercial Agreements with Virgin Australia

Change to Commercial Agreements with Virgin Australia

Stock	Webjet Group Limited (WJL.ASX)
Release Time	20 May 2026, 9:08 a.m.
Price Sensitive	Yes

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Webjet Announces Changes to Virgin Australia Agreements

Key Points

Virgin Australia to reduce commission payments from 1 July 2026
Potential $3.0m impact on FY26 Revenue if changes were implemented earlier
Webjet to adjust its commercial strategy in response
Trading halt requested pending announcement release

Full Summary

Webjet Group Limited (ASX:WJL) has announced changes to its commercial agreements with Virgin Australia Airlines Pty Ltd. These changes, which include substantially reduced commission payments, are set to take effect from 1 July 2026. If implemented at the start of FY26, these changes would have impacted FY26 Revenue by approximately $3.0 million. Webjet Group Managing Director and Chief Executive Officer, Katrina Barry, stated that the company remains focused on delivering value to customers and shareholders despite the evolving commercial environment. The company plans to adjust its commercial and partnership strategy to optimize outcomes in response to these changes. A trading halt was requested on the ASX pending the release of this announcement.

Guidance

Potential $3.0m impact on FY26 Revenue if changes were implemented earlier

Outlook

Webjet will adjust its commercial strategy in response to the changes with Virgin Australia.