Travel Agents
Flight Centre posts $234m loss, but grows its share in “large and important” Aussie leisure market
by Huntley Mitchell
If you ignore that big negative number in the headline, it’s all very positive news here from FCTG.
Aviation
Qantas suffers $1bn half-yearly loss, pushes back international flight plans
by Huntley Mitchell
The flying kangaroo won’t be hopping overseas as soon as originally hoped, after posting a “stark, but not surprising” loss.
Travel Agents
Helloworld bears $15.1m loss, but retail networks still “largely intact”
by Huntley Mitchell
Helloworld swung to a loss in the first six months of FY21, but it wasn’t all bad news for the ASX-listed group.
Travel Agents
Corporate Travel Management CFO to exit, as company suffers $36.4m loss
by Huntley Mitchell
CTM’s top bean counter is gathering his calculator and abacus and heading for the exit.
Travel Agents
Helloworld punished for “technical oversight”, with company shares suspended on ASX
by Huntley Mitchell
Andrew Burnes has been left red-faced after Helloworld left out some “technical information” in the company’s unaudited FY20 results.
Road & Rail
Apollo Tourism & Leisure swings to $61.2m loss
by Huntley Mitchell
Have you been enjoying Travel Weekly’s FY20 results coverage thus far? Well, as you’ll discover here, it’s not over yet.
Technology
Jayride reports $6.9m full-year loss, but enjoys slight revenue growth
by Huntley Mitchell
Like most travel companies, Jayride was doing well before the virus that shalt not be named crashed the party.
Tourism
Village Roadshow expects “favourable trading” for theme parks from November following $117.4m loss
by Huntley Mitchell
We’re loving Village Roadshow’s theme park optimism here at Travel Weekly, mainly because we’re huge fans of roller coasters and can’t wait to get back up to the Goldie.
Tourism
Experience Co. predicts “unpredictable level of volatility” in FY21 following $51.4m loss
by Huntley Mitchell
The ASX-listed company has already gone ahead and set the bar low for FY21, having avoided a potentially “catastrophic” impact from COVID-19.
Tourism
Temporary theme park closures lead to $136.6m loss for Ardent Leisure
by Huntley Mitchell
Having recently pleaded guilty to three charges over the Dreamworld tragedy as well as being hit with a shareholder class action, Ardent Leisure now has some negative financials to worry about.
Travel Agents
Flight Centre to capitalise on industry consolidation and “the inevitable rebound” after sinking to $662m loss
by Huntley Mitchell
The travel giant’s full-year results are out, along with a fairly optimistic outlook for its future.
Aviation
Air New Zealand swings to $416m loss, but domestic green shoots emerge
by Huntley Mitchell
As the headline suggests, it’s not all bad news for Air New Zealand. But it is mostly bad.