Travel agency giant Flight Centre is bleeding almost $40 million a month, but says border reopenings are sparking a holiday rush not seen since COVID-19 broke out last year.
“International leisure bookings have now surpassed domestic bookings in Australia for the first time since the start of the pandemic and almost tripled between July and September,” Flight Centre chief executive Graham Turner said on Wednesday.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
