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2 clusters · 11 sources · 1 days · First seen 18 days ago · Last updated 18 days ago

Middle East conflict impact on travel industry

Overview

Major travel companies Helloworld Travel Limited and Flight Centre Travel Group reported mixed financial results for the 2026 fiscal year. Both firms indicated that geopolitical instability in the Middle East disrupted travel demand during the fourth quarter.

Helloworld reported an 8.4 per cent increase in underlying EBITDA to $60.2 million, though underlying profit after tax decreased slightly by 0.5 per cent to $30.2 million. The company noted that performance would have been stronger without disruptions caused by the Middle East conflict.

Flight Centre Travel Group achieved a record total transaction value of $25.7 billion, supported by its corporate division and growth in the US market. However, underlying profit before tax dropped by 4 per cent to $278 million. The company estimated that the Middle East conflict caused a $60 million loss in profit within its leisure division.

Entities

Australian Securities Exchange · Helloworld Travel Limited · Abacus Group · Flight Centre Travel Group · Scentre Group

Timeline

18 days ago

[BUSINESS] 8 sources
Helloworld and Flight Centre report mixed FY26 results amid Middle East disruption
Travel giants Helloworld and Flight Centre report mixed FY26 results, as Middle East geopolitical tensions disrupt leisure travel despite strong growth in corporate sectors and US markets.
18 days ago

[BUSINESS] 3 sources
Scentre Group reports 4.4% FFO growth to $612 million
Scentre Group reported a 4.4% rise in FFO to $612 million for the first half of 2026 and upgraded its full-year earnings guidance.

Sources

finnewsnetwork.com.au · fool.com.au · insideretail.com.au · karryon.com.au · propertymarkets.news · raskmedia.com.au · seekingalpha.com · sharecafe.com.au · thebusinesstravelmag.com · traveltalkmag.com.au · travelweekly.com.au