Travel firm set to reopen stores
FLIGHT Centre is preparing to reopen almost 150 of its NSW stores ahead of the anticipated removal of Australia’s international travel ban before Christmas.
The long-awaited reopening of international borders after almost two years has created growing demand among
Australians wanting to head overseas, Flight Centre CEO Graham Turner said.
Mr Turner said plans were under way to reopen the NSW stores within weeks.
The reopening signals a shift in Flight Centre’s Australian business, which has been decimated by the pandemic.
The company slashed the number of stores from 900 to 450 to reduce costs.
However, with $1bn in the bank Mr Turner said he was “totally confident” the company would emerge strongly from the pandemic.
Half of Flight Centre’s business is based abroad, which Mr Turner said was again profitable as travel restrictions ease across Europe and America.
“Overseas is a lot more advanced than in Australia,” he said.