FLT chart, page-187

As a long time FLT holder (and former Top Deck crew member), I am hopeful and sticking with the company but not putting the rose coloured glasses on to predict the future. The annual report was better than I expected and European travel is slowly opening up. It is also interesting to see the bad press coming out today about Helloworld franchisees "stealing" clients refunds. Whether this helps FLT in being the travel agency with company ownership of the stores or whether it makes people shy away from travel agencies remains to be seen. However, on a "last man standing" basis, FLT should have a good market share as a survivor. It is just that it is going to be a long road ahead to strong profits.

However, if you really want to show your prowess with trying to state the bleeding obvious, figures wise, I suggest you go have a look at the Qantas "Will Qantas Survive" thread. It is an amazing read. Qantas is in a far more dire position than FLT but the share price has risen as the situation gets worse. The responses from the "rose coloured glasses" brigade there are alarming.