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Melbourne , 24 February 2021 helloworld TRAVEL LIMITED ASX ANNOUNCEMENT HELLOWORLD DECEMBER 2020 FIRST HALF RESULTS Helloworld Travel Limited ( ASX : HLO ) provides the following trading update for the half year ending 31 December 2020 . INDUSTRY CONTEXT The travel , tourism , hospitality and transport industries have just been through the most difficult year ever experienced and the first half of 2021 is shaping up to be equally as challenging . Thanks to the efforts of so many people at HLO , including our amazing agents throughout Australia and New Zealand , the business is in a good position to confront the challenges still ahead and then re - emerge as the world opens up again . Over the last six months , a number of HLO's business operations have been sold , downsized or closed including operations in Los Angeles , Manila , Mumbai , Shanghai and other centres , while in Fiji our operations have been hibernated . In both Australia and New Zealand , we've undertaken a restructure and every part of the business has been reviewed to ensure we can provide all critical services to our customers while reducing costs to a sustainable level . Based on international travel recommencing in 2022 and on a significant uplift in domestic sales as State borders remain consistently open , we are confident this will translate into an enormous demand for travel and most particularly international travel when it resumes . In the meantime , Helloworld will continue to focus on demand for domestic travel while our international borders remain closed while ensuring we are ready to handle the rapid growth in international travel once that becomes possible . Page 1 of 8