New guidance shows Flight Centre is rebounding strongly across corporate and leisure divisions.
Flight Centre is now eyeing off a $483 million turnaround in underlying EBITDA for the 2023 fiscal year, according to its latest profit guidance.
The latest upgrade represents a 7% increase on the previously flagged range of $270-290 million, with the company now expecting a healthier result of between $295-305 million.
Flight Centre added that it expects leisure travellers will continue to prioritise travel in their discretionary spending moving forward, based on continued year-on-year growth in outbound travel across key markets.
More details in today’s issue of Travel Daily.