Flight Centre Up, Helloworld Down

The contrasting fortunes of Australia’s two biggest travel agency groups were highlighted yesterday when market leader Flight Centre posted a record first-half profit of $110.8 million while smaller rival Helloworld said it lost -$4.7 million over the same period.

Flight Centre’s Australian turnover grew 8% to $4,349m, revenue increasing 10%. Helloworld’s turnover rose 1.2% to $2,524 million and revenue fell -11.4%.

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One thought on “Flight Centre Up, Helloworld Down”

  1. Currently the flight industry is unpredictable as anything else and profit and losses are only going to get worse with the current climate rapidly changing.

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