Online travel agent Webjet looks set to take an earnings hit and could write off $43.7 million following the collapse of UK travel company Thomas Cook.
Webjet says it had expected to earn between $150 million and $200 million in FY20 total transactional value from Thomas Cook, which owed Webjet about 27 million euros ($A43.7 million) when it collapsed on Monday.
The demise of the 178-year-old Thomas Cook is also expected to reduce the $27 million to $33 million in additional earnings Webjet had anticipated from its WebBeds accommodation business by as much as $7 million.
AAP
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