Flight Centre Travel gains on stronger Q3 results; Citi says 'positive' update

Flight Centre Travel

05/05/2026 05:35

Updates

** Shares of Australia's Flight Centre Travel FLT.AX rise as much as 5.6% to A$10.73, their highest level since April 24

** Stock on track for best intraday session since April 8

** Corporate travel manager posts 6.8% rise in Q3 total transaction value to A$7 billion ($5.01 billion)

** Says FY26 guidance for underlying profit before tax unchanged at A$315mln–A$350mln

** Warns impact of ongoing unrest and potential future fuel supply disruption is not currently clear

** Some relief for investors as corporate segment is now largest contributor to profit and shows early signs of stability; prolonged conflict will likely increase airfare pricing and business confidence, travel - Citi

** YTD, stock down 29.8%

($1 = 1.3980 Australian dollars)

(Reporting by Anjali Singh and Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))