Jetset Travelworld and Concorde settle legal case
Jetset Travelworld Limited and Concorde International Pty Ltd (a subsidiary of Stella Travel Services Limited) have announced that they have agreed to resolve out of court the claim by Jetset Travelworld and the cross claim by Concorde ebign fought in the Supreme Court of New South Wales
The proceedings which related to a consolidation agreement struck in 2003 between Concorde and Jetset Travelworld, were settled out of Court to the satisfaction of all parties, with the terms of the settlement not being disclosed under a confidentiality agreement with each party withdrawing its claim.
Michael Reed, Jetset Travelworld CEO and Keith Stanley, Stella Travel Services CEO, said in a joint statement, “We’re pleased to have the matter resolved on amicable terms and we are now looking forward to focusing on the continued growth of our respective businesses.”
Report by The Mole
John Alwyn-Jones
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.

































Global tourism exceeds 1.5 billion travelers announces UN-Tourism
Qatar Airways offers reduced timetable to over 60 destinations
WTTC global tourism reached record economic impact of 11 trillion in 2025
Hands In, UATP join forces for airline multi-card payments
Suspension of all regional trains in Catalonia following two new rail accidents in Spain