Flight Centre Travel Group Ltd operates in the Travel agencies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Flight Centre Travel Group Ltd with three other
travel agencies and tour operators in Australasia:
Corporate Travel Management Limited
(2020
sales of 316.36 million Australian Dollars [US$243.73 million]
of which 36%
was Travel services - North America),
Helloworld Travel Ltd
(282.19 million Australian Dollars [US$217.40 million]
of which 80%
was Australia), and
Jayride Group Ltd
(3.24 million Australian Dollars [US$2.49 million]
).
Sales Analysis.
Sales levels dropped significantly in the second
fiscal
quarter of 2021 versus the previous year's second quarter.
During the second
fiscal
quarter of 2021, sales at Flight Centre Travel Group Ltd totalled
A$159.78 million.
This is a drop of 89.7%
from the A$1.55 billion in sales at the company during the second quarter in 2020.
Flight Centre Travel Group Ltd reported sales of A$1.90 billion (US$1.46 billion)
for the
fiscal
year ending
June of 2020.
This
represents
a
sharp
decrease of 37.9%
versus 2019, when the company's sales were A$3.06 billion.
Contributing to the drop in overall sales was the 44.5% decline
in Australia and Nz, from A$1.57 billion to A$870.64 million.
There were also decreases in sales in
Americas (down 31.4% to A$445.64 million)
and
Emea (down 24.6% to A$332.33 million)
and
Asia (down 32.2% to A$67.01 million)
and
Other Segment (down 38.7% to A$182.47 million)
.