Firstly, I want to open with condolences for those holders who've been hammered by FLT's recent misfortune. I've been there myself and know it's pretty shitty. This post won't do much to ease your concern, although you may take heart in the longer term vote-of-confidence Flight Centre's been receiving recently (although you probably already knew that, it's why you bought in the first place).
I have my eye on Webjet, and didn't think I'd pick up FC too, but in truth it's a well run company on the receiving end of an awful tragedy - always a good time to buy. So now I'm a FLT lurker, patiently waiting for the inevitable erosion in price that's bound to occur when the newly issued shares hit the market. This assumes some holders cut and run with their profits, which, frankly, I'd be surprised if they didn't. The instos' new shares came online last Friday, and the price is already down ~10% as a result. But it's easy to make predictions after the fact. It's probably also not a big call to say that the same thing will happen again leading up to 8 May, when retail investors securities are due to hit the market. Logic and theory would both support this.
So in the short term I'm holding off from buying until these movements manifest, but I'm keen to eventually buy in because as I said earlier, this is a good business that should deliver long term value. I'm heartened by some of the big institutional investors that piled in: "During the raise Credit Suisse and UBS Group both became substantial shareholders, with the former now holding 8.3 million shares and voting power of 8.25 per cent and the latter holding 5.6 million shares and voting power of 5.51 per cent." - https://www.businessnewsaus.com.au/articles/flight-centre-founders-see-shareholding-drastically-diluted.html
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