Flight Centre is the latest travel group to show losses are declining sharply as Australians take more trips, but the recovery is falling short of market hopes.
The travel company, whose brands include FCM and StudentUniverse, on Wednesday said its business division turned profitable in March, while its holidaymaker division was “close to break-even” that month.
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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
