FLT 0.39% $20.40 flight centre travel group limited

flight centre $15 party, page-496

  1. 7,741 Posts.
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    There is no very little margin in domestic and/or NZ flights. Add to that, airlines are packaging direct (and some of the FLT comm deals have expired and/or been thrown out). With the mess in Europe and the US at the moment, all "high margin" areas will take years to recover. And I am not sure FLT can last that long. Prepare for another round of staff cuts and/or store closures imo (just a guess, but that is their standard MO lately).

    Not lookin good.


 
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