Flight Centre Travel Group Ltd

FLT: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Flight Centre Earnings Are on the Mend

Brian Han

Feb 25, 2026

Business Strategy and Outlook

Covid-induced damages and economic volatility have been affecting Flight Centre. However, a drastic reduction in costs (cuts to store network/leases, staff, marketing), combined with the AUD 697 million equity capital raising in April 2020 and steady recovery in travel activities, has stabilized the no-moat-rated group.

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Flight Centre Travel Group Ltd

Flight Centre Earnings Are on the Mend

Business Strategy and Outlook

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