Sept 23 (Reuters) - Webjet Ltd WEB.AX :
* THOMAS COOK ENTERED COMPULSORY LIQUIDATION
* THOMAS COOK IS A CUSTOMER OF WEBJET LIMITED'S WEBBEDS B2B BUSINESS
* SAYS THERE WILL BE NO IMPACT ON MORE THAN 3,000 HOTEL CONTRACTS WEBJET ACQUIRED FROM THOMAS COOK IN AUGUST 2016
* OUTCOME WILL IMPACT WEBJET'S FY20 UNPAID RECEIVABLES EXPOSURE
* OUTCOME WILL IMPACT WEBJET'S FY20 LOSS OF TOTAL TRANSACTIONAL VALUE (TTV) FROM THOMAS COOK
* NO CHANGE TO OTHER EXPECTED FY20 EARNINGS DRIVERS INDICATED IN FY19 RESULTS
* THERE WILL BE NO MATERIAL ADVERSE IMPACT ON CO'S LIQUIDITY; ANY WRITE-OFF WILL BE ABSORBED BY EXISTING CASH RESERVES, UNDRAWN FACILITIES
* IN AUGUST EXPECTED WEBBEDS BUSINESS TO EARN AN ADDITIONAL $27 TO $33 MILLION OF EBITDA IN FY20
* IMPACT OF THOMAS COOK'S COLLAPSE IS EXPECTED TO REDUCE EXPECTATION OF WEBBEDS EARNINGS BY UP TO $7 MILLION IN EBITDA IN FY20
* AS AT SEPT 23, THOMAS COOK OWED WEBJET ABOUT EUR 27 MILLION IN OUTSTANDING RECEIVABLES