Skift Take
For Flight Centre, key risks to continued growth include the pace of business travel recovery and the execution of productivity initiatives. If airfares drop in price, it will be crucial to shift to a higher-margin product mix.
Flight Centre Travel Group reported financial results Wednesday, with executives expressing optimism about future growth despite some headwinds.
Why it matters: As a major agency group, Flight Centre's performance and outlook provide insights into the broader travel market recovery in its key markets of Asia Pacific and Europe.
What they're saying: "The result pointed to a company that has emerged from the pandemic a stronger yet leaner business," said Joh