You might be reading this news piece from your office desk or from a balcony in sunny Italy. It does not matter. Since the COVID-19 pandemic, we’ve seen a rise in flexible working arrangements, and this has had an impact on business travel both from the company and employee perspectives. On the one hand, many
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Nothing can stop Aussies from travelling—or so it seems. Even as prices rise, people are ticking destinations off their bucket lists in a post-Covid voyaging spree. And the travel group Flight Centre (ASX: FLT) is the better for it. In the first half of FY23, its earnings were at $95 million, 19% more than its
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The past two years of international travel bans have been a hell of a ride for Jayride (ASX: JAY), especially due to their niche business nature as an airport transfer marketplace. Fortunately, as most countries have given the green light to travel, Jayride is now on a smooth ride to recoup profitability, even outperforming pre-pandemic
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After vehemently accusing Qantas (ASX: QAN) of anti competitive behaviour, Regional Express Airlines (ASX: REX) have lodged their own competitive bid. The Company is intent on acquiring National Jet Express, the regional division of Cobham Services Australia. National Jet Express is a key provider of Fly-In, Fly-Out services to Western Australian and South Australian workers.
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Contrary to Superhero’s assault of beach themed ads for summer trading, there was little ‘ASX on the beach’ this past summer. Unless of course, you count the shores of St Kilda… which have nothing on Thailand… *sigh* Things may be looking up for this coming summer, and no one is more pleased than the listed
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As one of the hardest hit stocks by COVID-19 with its shares still trading at less than half their pre-pandemic price, Flight Centre (ASX: FLT) is supremely confident in international travel resuming soon, expanding their FCM Travel business to Japan via a joint venture with NSF Engagement Corporation. FCM Travel is one of the Corporate
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