May 19, 2026 – 1.29pmTakeover target Webjet is under pressure on several fronts as it prepares to release its full-year accounts, with Virgin Australia cutting commissions and investors agitating for technology upgrades to help stave off the existential threat artificial intelligence poses to online travel agents.The company entered an ASX trading halt on Tuesday pending an announcement on changes to a commercial contract that it said “are expected to have a material impact on the company’s financial outlook”. The group is due to report its annual earnings on Wednesday.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Webjet braced for Virgin commissions blow ahead of earnings
Virgin Australia is expected to slash the commissions it pays for flight bookings, putting online travel agents under financial stress amid AI disruption.













