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Middle East Disruption Hits Leisure Travel

Middle East Disruption Hits Leisure Travel

Highlights

  • Flight Centre revised FY26 underlying profit before tax guidance to AUD 275–295 million, down from prior expectations, citing temporary disruption in Middle East leisure travel routes.
  • The company announced an up to AUD 200 million on-market buyback, signaling capital confidence despite near-term earnings pressure.
  • Corporate travel operations continued to expand profit contribution, partially offsetting weakness in leisure segments affected by booking delays and route disruptions.

Flight Centre Travel Group Limited (ASX:FLT) shares traded at AUD 12.20 on 17 June 2026, reflecting an intraday gain of 3.26%. The movement followed the company’s ASX announcement revising…

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