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AAP
AAP
Business
Derek Rose

Flight Centre recovery beats expectations

Flight Centre says it expects audited financial results will show it broke even in the second half. (James Worsfold/AAP PHOTOS) (AAP)

Flight Centre Travel Group says it has bounced back to monthly profitability sooner than expected, although COVID-19 travel restrictions prior to February mean it will report a full-year loss of between $180 million and $190 million.

The midpoint of that range is a 11.9 per cent improvement on its guidance, and far better than the $337.9 million loss Flight Centre reported for fiscal 2021.

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