Flight Centre Travel Group Ltd
FLT: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.s | LOCK|?dz | LOCK|K!WXxr |
Flight Centre: Headwinds Loom From Global Uncertainty
Flight Centre lowered profit guidance by approximately 18%, as perceived stricter US border policy and lower consumer confidence dissuades international travel. The firm has announced cuts to capital expenditure and a AUD 200 million buyback.
