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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.

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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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