Mideast Deal Gives Travel Firm an 'Earnings Tailwind'
Flight Centre said the conflict cut fourth-quarter leisure travel by about $50 million and expects a clearer runway after the US-Iran peace deal.
6 Articles
6 Articles
Flight Centre To Regain Altitude
This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Greg Peel The Middle East conflict has significantly impacted the travel industry, and Flight Centre Travel is no exception. Peace, if that’s what it is, should drive a return to solid growth. Flight Centre Travel downgrades guidance more than feared Growth was accelerating before the war Peace sho…
While the chemical economy continues to weaken, a free road by Hormus BASF provides short-term tailwind. At the end of July, it will show how much of this is coming into the figures.
Flight Centre updates profit guidance; unveils $200m buy-back
The Flight Centre Travel Group Ltd (ASX: FLT) share price is in focus today after the company updated its FY26 profit guidance and announced a new $200 million on-market share buy-back. FLT now expects underlying profit before tax (UPBT) of $275 million to $295 millionâroughly in line with last year's $286 million result. What did Flight Centre Travel Group report? FY26 UPBT guidance revised to $275mâ$295m (FY25: $286m), down from the previ…
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