Gurit Adjusts Operating Profit Guidance for FY 2018 and Announces both Restructuring and Divestment of Composite Components Business in 2019 – NETCOMPOSITES

Gurit has announced a revaluation of its operating profit potential for fiscal year 2018. Operating profit margin for the full year 2018 is now expected to come in at 6.5-7.5 % of net sales. Based on the recent business performance with continued losses in the Composite Components business, the Company revises its operating profit guidance…

Online travel agent Bestjet collapses, leaving Christmas holidays in tatters – PerthNow

Christmas travel plans for people who booked holidays with online travel agent Bestjet are in tatters after the company collapsed. The Australian Federation of Travel Agents issued a statement on Wednesday saying that the Brisbane-based company had gone into liquidation. Its website bestjet.com appears to have been taken offline, with a This page isnt working…

Budget travel website Bestjet collapses just days before Christmas – Nine

Budget airfare website Bestjet has collapsed just six weeks after it changed hands, sparking fears Australian travellers may be left stranded over Christmas. The Queensland-based companys website is currently offline, with the Australian Securities and Investments Commission (ASIC) listing its status as under external administration. 9News understands Bestjet Travel Pty Ltd was yesterday put under…