Flight Centre Travel Group has reported a 7% year-on-year growth for the first half of the 2025 financial year, with a strong second-quarter rebound.
The company posted an underlying profit before tax (UPBT) of $117 million, marking a 14% increase from the previous quarter. However, statutory profit before tax was $88.2 million, down from $120.2 million in the same period last year, mainly due to higher gains from convertible notes in FY24 1H.
Despite the drop in statutory profit, Flight Centre continues to grow by investing in AI-driven innovations. These corporate AI initiatives are expected to boost productivity by 15-20% by FY26. Additionally, leisure AI tools are helping streamline online inquiries and bookings, enhancing the customer experience and operational efficiency.