Flight Centre predicts $500m full-year loss, but quarterly TTV back above billion-dollar mark
by Huntley Mitchell
Flight Centre execs were front and centre at Macquarie’s investor conference today. Here, Travel Weekly’s editor tries to make sense of their PowerPoint preso.
“The future of travel is looking bright”: Skroo marks one year of closed borders with open letter to Aussies
Flight Centre’s CEO and founder has penned a heartfelt letter to remind consumers of the important role travel agents played on the day the global travel industry changed forever.
Flight Centre’s laywers hit back at ex-employees over short break claims
Lawyers representing Flight Centre have responded to allegations that the travel giant underpaid employees and failed to give them adequate breaks, arguing it is not the employer’s job to “stand over” workers.
“We are just surviving”: ABC highlights the plight of travel agents
The ABC has thrown its support behind travel agents, airing a segment that highlights their current and future struggles.
Flight Centre settles $400m convertible note offering
This was always expected to happen, so we basically wrote this story for all the Flight Centre doubters and naysayers out there.
Flight Centre to raise $400m, outlines bank refinancing plan
Haven’t the faintest idea what ‘senior unsecured convertible notes’ or ‘bilateral facility agreements’ mean? Well, prepare to be utterly befuddled.
“There are some silver linings”: Skroo on Flight Centre’s tough COVID-induced business decisions
by Huntley Mitchell
Did you miss Flight Centre’s supremo gracing the virtual Travel DAZE stage last Friday? Catch up with this insightful summary.
Flight Centre boss demands proof of Queensland’s border closure advice
Skroo’s patience with the Queensland government is wearing thin, after making yet another request to see the medical advice that influenced the state’s border closure.
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