Does Flight Centre have a future?
The future of travel company Flight Centre is up in the air as the retailer closes another 90 stores during the pandemic. The latest blow for the tourism industry was announced yesterday, and spells more job losses for the embattled company. To date, about 4000 staff members have already been made redundant this year.
Can the Flight Center recover?
The company also experienced a rapid recovery in travel within the US towards the end of FY21. All-in-all, Flight Centre believes it has found the “light at the end of the lockdown tunnel”. Like many Australians, the company’s looking forward to getting back to normal.
Flight Centre shares are sliding as investors continue selling shares in the overall ASX travel basket. Shares in the travel agency have been volatile since the NSW and Victorian governments locked down both Sydney and Melbourne in response to a surge in new COVID-19 cases from the delta variant.
Webjet (WEB ASX) has been one of the companies that have been significantly affected by the COVID pandemic, with shares trading as high as ~$13.60 per share. This means shares are still down about 50% just prior to COVID.
Webjet Share Price Facts.
|Webjet Share Price||$5.15 per share|
Is Airbnb on the ASX?
The company was founded in 2008 and is headquartered in San Francisco, USA. Airbnb’s IPO went live in December 2020 and its stocks are listed on the Nasdaq.
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Stocks to Buy Today: Best Shares to Buy in India
Is Flight Centre a sell?
While Flight Centre hasn’t been selling too many travel packages over the past 18 months, it has been investing in a new digital platform that could further disrupt legacy travel management companies.
Is Flt a good investment?
Drone Delivery Canada Corp(FLT-X) Rating
A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.