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Helloworld Travel Ltd ( (AU:HLO) ) has provided an update.
Helloworld Travel Limited has secured a three-year agreement with Qantas Airways, valued at approximately $1.5 billion in Total Transaction Values. This deal underscores the strategic importance of Helloworld’s agency networks in supporting Qantas’ commercial goals both domestically and internationally. The partnership highlights the continued recognition of the vital role agents play in the distribution and sale of Qantas flights, reinforcing the strong relationship between the two companies.
The most recent analyst rating on (AU:HLO) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Helloworld Travel Ltd stock, see the AU:HLO Stock Forecast page.
More about Helloworld Travel Ltd
Helloworld Travel Limited (ASX: HLO) is a prominent travel distribution company operating in Australia and New Zealand. It encompasses retail leisure and business travel networks, travel broker networks, destination management services, air ticket consolidation, tourism transport operations, and wholesale travel services. The company supports its operations with advanced distribution systems and has a significant presence with over 900 personnel and 2,600 members in its travel agency and broker networks across Australia, New Zealand, Fiji, and Greece.
YTD Price Performance: -0.89%
Average Trading Volume: 270,353
Technical Sentiment Signal: Buy
Current Market Cap: A$293M
Find detailed analytics on HLO stock on TipRanks’ Stock Analysis page.