TTV increases by 203% for Flight Centre.
The recovery of the Flight Centre business continues to gain momentum as its latest 1H FY2023 figures show improvement across all major segments.
Highlights include a 217% jump in revenue and an underlying EBITDA rebound to $95 million, a far cry from the $184 million loss posted in the previous corresponding period.
Holidaymakers have started to replace the VFR market during the period, while increased sales have also been noted on higher margin products.
For the full breakdown, see today’s issue of Travel Daily.