Travel agent giant Flight Centre joins a list of tourism industry players that have rebounded from the doldrums of the pandemic, recording a financial recovery on the back of reopening borders and increased demand for flights and accommodation.
The travel agency said that it booked a $47 million (US$30.4 million) net profit after tax in the 12 months to June 30, 2023, swinging from a loss of $287 million in fiscal 2022. The company’s revenue surged to $2.28 million from $1.01 million.
