Qantas, Flight Centre tip early return to travel as both count losses

Thursday February 25, 2021

The devastation of the tourism sector from COVID-19 has been made clear after $8 billion was wiped from the revenue of Qantas and Flight Centre in just six months, but both expect international travel to return this year.

Qantas CEO Alan Joyce. (Photo: AAP Image/Bianca De Marchi)

Qantas also thinks state border closures could end by April as the vaccination rollout gathers pace.

The airline reported a bottom-line loss of $1.47 billion after $6.9 billion in revenue was stripped from its operations. Flight Centre lost about $1 billion in revenue for the…

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