FLT 1.71% $21.24 flight centre travel group limited

Favorite Stock to Short, page-333

  1. 4,287 Posts.
    lightbulb Created with Sketch. 467
    That's right. We will never travel again. Life as we know it is over! There will never be a vaccine! We are all doomed!

    PS: If you are not aware of the long list of exclusions that travel insurance has always included, you should probably get more familiar.

    PPS: I wonder if fears about the dangerous world might make (some) people more inclined to use a traditional travel agent, when they get the courage to start travelling again?

    PPPS: I wonder how Helloworld (HLO) will fare in all of this. They operate at on margins that are tiny(*) compared to FLT, but they transact about 50% of FLT's level (TTV) in Australia & NZ. That's a lot of TTV for FLT, should HLO not last the distance.


    * Last I checked (up to FY19) HLO had about 50% of FLT's (incl NZ) TTV, but only had about 30% the operating income.
 
watchlist Created with Sketch. Add FLT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.