Helloworld and AOT to merge

November 24, 2015

Two of Australia’s largest wholesale travel groups, the ASX-listed Helloworld and private company AOT, have agreed to merge, with Andrew Burnes as CEO and Cinzia Burnes as Executive Director. The merger will enable the company to better compete with Flight Centre, though Helloworld believes the merger will not require ACCC approval as the move is not expected to significantly reduce competition in the sector.