Business
Flight Centre axes another 91 stores while urging Australia to re-open borders – ABC News
Flight Centre will shut down more stores across Australia, after widespread travel bans and border closures led to billions of dollars of cancelled bookings.
Flight Centre will shut down another 91 stores across Australia, after widespread travel bans and border closures led to billions of dollars of cancelled bookings.
- Flight Centre now has 332 stores remaining of the 740 it had before COVID-19 struck
- Its share price has tanked 65pc since the year began
- The company posted a $662 million loss in the 2019-20 financial year
Hundreds of employees will lose their jobs in these latest store closures.
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