Business
Flight Centre pins black-ink target on open borders – The Australian Financial Review
The travel giant just posted a $233 million loss, but aims to break even – with caveats.
It stood by guidance of breaking even if total transaction values (TTV), the amount of money flowing through the agency before taking its clip of revenue, was at 40 per cent of normal levels.
Flight Centre said TTV in July-December was at 12 per cent of the previous corresponding period, at $1.5 billion. The corporate arm was faring better at 17 per cent while the leisure division was only at 7 per cent.
Based on what we have seen so far, travellers have been keen to take off as soon as they have…
-
Business16 hours agoWarning! These ASX 200 shares were just downgraded
-
Business14 hours ago2 monthly payers you’ll want to own in 2025 and beyond
-
Noosa News9 hours agoVegetables and herbs you can easily and cheaply grow from seeds
-
General12 hours agoIndian exporters brace for introduction of US tariffs topping 50 per cent from today