First half profit above expectations, with 7% uplift in TTV to $12.5 billion
Flight Centre Travel Group this morning released its results for the six months to 31 December, with an underlying profit before tax of $125 million, up 4% on the prior corresponding period.
MD Graham Turner said “our results reflect our global model’s strength and our brands’ enduring value as we continue to evolve”.
The corporate division delivered another record half, while leisure reported strong performance across the mass market, luxury, independent and specialist divisions.
Artificial intelligence is also being embedded in the business, Turner said, with applications including using the technology to triage incoming enquiries and reduce response times.
More details in today’s issue of Travel Daily.