ASX Announcements
Dividend Record Date, Dividend Pay Date, Dividend Rate
Market Sensitive
FY25 Half Year Investor Pres. (inc guidance commentary)
Half Yearly Report, Company Presentation
Market Sensitive
FY25 Half Year Results Release (inc guidance commentary)
Half Yearly Report, Periodic Reports - Other
Market Sensitive
Half Yearly Report, Half Year Audit Review, Half Year Directors' Statement, Half Year Accounts, Half Year Directors' Report, Dividend Record Date, Dividend Pay Date, Dividend Rate
Application for quotation of securities - FLT
Appendix 2A (Application for Quotation of Securities)
February
Miners drag on ASX, Woolworths slips 4pc; Platinum tumbles
Shares close lower; Woolworths profit drops 20pc; White ‘here for the long haul’ at WiseTech; Light & Wonder profit jumps; bitcoin below $US90,000.
What we learnt: ‘Not investible’: Woolies risks crisis of confidence
Big cost cuts at Woolworths couldn’t turn investor sentiment around, Flight Centre loses altitude and Westfield owner Scentre eyes a housing play.
Travel agencies smashed as airfares tumble
Flight Centre and Helloworld released disappointing results with the former’s average international fare decreasing by 6.5 per cent over the December half.
October 2024
Cruise passengers skew younger as Flight Centre gets aboard UK outfit
A post-pandemic surge in cruising has driven the average age of cruise ship customers much lower.
Flight Centre shares follow rivals sharply down as travel demand falls
The boom in post-pandemic travel is over, with stocks feeling the brunt of the recession in demand and falling airfares as Qantas adds back capacity.
August 2024
McLachlan just reset Tabcorp’s strategy. It’s smart, but painful
Tabcorp resets investors expectations yet again, Flight Centre’s Graham Turner provides his verdict on airfares, and APA braces for regulatory change.
Flight Centre reveals who is travelling (and who isn’t)
The travel booking company has streamlined and boosted efficiency and says the corporate travel segment is still weak but it’s still winning market share.
July 2024
Qantas hopes downturn doesn’t extend to business class
Fears of a lull in demand sent airline stocks lower across the globe, but wealthier older travellers appear to be prioritising spending on more expensive seats.
Why only four execs have kept spot on rich bosses list over decade
Chris Ellison, Graham Turner, David Teoh and Gerry Harvey have maintained their positions while some of their richer peers of yesteryear have bowed out.
February 2024
What we learnt: Flight Centre, Worley, Clinical Labs and Kelsian
Flight Centre rides the friendly skies, Worley cauterises a wound, Clinical Labs backs rival’s blood test move, and Kelsian delivers a miss.
New player in market set to spark fare wars to Europe
Turkish Airlines will start flying direct into Melbourne (via Singapore) two weeks sooner than previously announced - igniting consumer hopes of better prices.
January 2024
Travel bulls still buying Webjet’s B2B growth story
Webjet is flying high despite concerns about the economy as it carves out a niche as an intermediary between businesses and hotels.
Short sellers crowd lithium companies to start year
But some of the country’s biggest hedge funds are saying conditions are still tough to make money betting against stocks.
December 2023
Airfares are falling fast, but not to every city
Travellers looking for a reprieve on prices for their European summer soirée will have to keep waiting, or redirect their trip to New York.
November 2023
The factors that could block Flight Centre’s resurgence
The global travel agency says transactions have been rising after the pandemic. But the bigger question among the bears is whether its profit margin can hit a lofty target.
Catherine King really is the minister for higher airfares
She says she wants Qantas to do better by customers. But platitudes are easy for politicians. What they actually do with their immense power matters far more.
King is the ‘minister for higher airfares’: Flight Centre boss
The travel industry is still stinging about a decision to block additional flights from Qatar Airways, which was seen as a boost to Qantas.
How Aussies with a party bus turned Top Deck into a 50-year business
Flight Centre boss “Skroo” Turner was in London for the half-century birthday bash of his coach-tour company. A new film breathes life into its origin story.
October 2023
99 Bikes parent valuation pummeled after lockdown boom
An oversupply of bicycle stock has hit profits at Pedal Group, the cycling venture partly owned by Flight Centre.
September 2023
Airlines wasting half their capacity: Sydney Airport boss
Sydney Airport has accused airlines operating out of the United Arab Emirates of wasting almost half of the capacity they have been awarded – some 84 flights every week.