Defying a weak global economy, travel retail giant Flight Centre today forecast a record annual pre-tax profit of up to A$340 million for the 2012/13 financial year. Flight Centre MD Graham Turner said: “Year-to-date our 10 countries are profitable and several are on track for record contributions. This includes Australia and the United Kingdom, typically our largest profit generators.” The news sent FLT shares above A$39. They were A$25 in Dec.

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