Investors can thank Australians re-engaging with the wanderlust they have traditionally been known for,coupled with the tail end of revenge travel.
Flight Centre boss Graham Turner doubled down on his criticism of the Albanese government for blocking Qatar Airways from adding more flights to Australia.
Graham “Skroo” Turner has accused the government of deliberately keeping airfares high while Sydney Airport’s boss Geoff Culbert warns airlines against slot hoarding.
Despite participating in three Running of the Bulls himself,Flight Centre CEO Graham Turner says those sorts of events are now struck from tour itineraries.
Given the level of tourism volatility and rocketing flight prices,is it worth backing the traditional travel agency?
The emergence of the Omicron variant of COVID-19 has rattled the travel industry and threatens to set back its pandemic recovery just as airlines,agents and tourism operators were preparing for a summer without border restrictions or quarantine.
The Flight Centre boss and outspoken critic of travel bans says calls for the Premier to be grounded after advocating for arrival caps is a conflation of issues and could hurt SEQ.
Graham Turner,whose Flight Centre enterprise has been hit hard by COVID turbulence,has watched his son Matt's cycling retailer business 99 Bikes take off during the pandemic. They've supported each other through the ups and downs.
Flight Centre has accelerated its plans for a business-wide cost savings review in light of the government's unprecedented ban on international travel.
The company slashed its underlying profit guidance by 14 per cent on weaker than expected travel bookings in its Australian business.