So much for the survey of Americans that concluded the travel agency as we know them are on their way out:

Managing director Graham Turner said that while international operations contributed about $57 billion to pre-tax earnings, the Australian business was once again the mainstay of its full-year profit.

The company posted a 23 per cent rise in net profit to $246 million for the year to June. Sales increased in both leisure and corporate travel, leading to a rise in revenue of 8.7 per cent to $1.985 billion.

The company yesterday released a record profit result and is expecting a lift of up to 12 per cent in pre-tax earnings for the forthcoming financial year. The pre-tax profit of $349 million is higher than had been forecast in July.

Turner said he was confident the falling Australian dollar won’t have a significant impact on leisure travel and added that the company was “well placed to weather any storms.”