Austrialian online travel agency Webjet says it's looking at potential acquisitions and expects opportunities will arise before the end of this year.

"A number of possibilities are under close examination both internally and in conjunction with our external professional advisers," Webjet said in a statement ahead of its annual general meeting today.

"At this juncture no definitive proposition has been determined, but in view of the major industry consolidation which has taken place over the last 12 months, the board considers that there is a significant possibility that appropriate opportunities will arise before the end of the financial year 30 June 2007."

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