What really surprised me about FLT removing booking fees is that it was across all their online brands including FLT itself which is a premium brand. Other brands of Aunty Betty and BYOJet are like Jetstar is to Qantas so a discounted offering is understandable. Management says cannabilisation of FLT stores is minimal.
This has to be viewed as a direct attack on WEB by the reasoning that FLT cannot be attacked any more than already whereas FLT can vapourise WEB’s OTA. How would WEB counter? By opening stores? I don’t think so.
Also interesting is that Hays Travel in the UK sees such a strong future for real travel agents that it bought all of TC’s stores.
What really surprised me about FLT removing booking fees is that...
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Last
$4.51 |
Change
-0.045(0.99%) |
Mkt cap ! $1.638B | |||
| Open | High | Low | Value | Volume |
| $4.54 | $4.60 | $4.50 | $1.185M | 261.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 7255 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.51 | 6151 | 16 |
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| Last trade - 11.23am 26/06/2025 (20 minute delay) ? |
| WEB (ASX) Chart |