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Flight centre

Flight centre Archives

Flight Centre predicts $500 million loss for FY21

“Nothing is certain in this market except [that] we will not be paying a dividend in 2022."

Flight Centre eyes “pent up demand” as Australia opens up

Flight Centre has seen a “significant” increase in demand as global travel restrictions begin easing, the business said ...

“We are incredibly sorry”: Flight Centre to close 90 further stores

Travel industry requires targeted support, says industry body.

Flight Centre exits its “most challenging” year with a $510m loss

Flight Centre can currently service about 40 per cent of its regular business.

Flight Centre may lose up to $875 million in FY20

Travel restrictions and tens of thousands of refunds could put the travel retailer into the red.

Flight Centre sells Melbourne headquarters for $62 million

Embattled travel agency Flight Centre has sold its Victorian headquarters for $62.15 million.

Flight Centre caves on cancellation fees after ACCC pressure

The business also looks to sell off head office to build cash reserves.

Virus-hit Flight Centre to raise $700m

Flight Centre is tapping investors for $700 million as business grinds to a halt.

Coronavirus impact prompts Flight Centre to offer shorter workweek

An internal email asked Flight Centre employees to work a four-day week.

Flight Centre pays $252,000 for misleading promotions

Travel group pays fine after 35,000 customers took part in unclear promotions.

Flight Centre results dragged down by flat Australian market

Strong international results were offset by slowed Australian sales.

Flight Centre completes Canadian purchase

Travel brand Flight Centre takes sole ownership of Canada-based travel business.

Flight Centre could see $8m benefit from right-sizing: Citi

Retailer says it has no plans to significantly shrink its network.

Flight Centre names Kmart exec as new chief marketing officer

Travel brand snaps up Kmart exec for CMO role.

Flight Centre grows corporate travel presence

Travel retailer takes full ownership of corporate travel business, 3Mundi.

Flight Centre drops guidance, shares plummet

Retailer blames deteriorating profit on poor conditions in the travel sector.

Flight Centre invests in corporate-travel business

Flight Centre looks to fast track growth in SME space.

Flight Centre slapped with $12.5 million fine

Travel agent loses latest bout in marathon court battle, is considering its options.

Flight Centre looks overseas for growth

Travel retailer expects first half to be down after year of two halves.

Podcast with Graham Turner, Flight Centre

Inside Retail chats to the travel retailer's managing director.