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AAP
AAP
Jacob Shteyman

Resilient travel demand propels Flight Centre earnings

Flight Centre head Graham Turner says spending on travel is strong, despite living pressures. (Dave Hunt/AAP PHOTOS)

The rising cost of living has failed to dampen Australian consumers' enthusiasm for travel, with strong ongoing demand lifting sales at Flight Centre.

The travel retailer on Wednesday announced a 15 per cent jump in total transaction value - the price of travel services and products plus revenue - for the first half of the 2023/24 financial year to $11.3 billion, even as discretionary spending drops across the economy.

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