Flight Centre lifts annual profit 28% as kiwis take to the sky in 2014

Mon, 05 Jan 2015

By Suze Metherell Jan. 5 (BusinessDesk) - Flight Centre (NZ), the local arm of the Australian travel agent, lifted annual profit 28 percent in 2014 as more New Zealanders travelled overseas. Annual profit rose to $7.66 million in the year ended June 30, 2014 from $5.97 million a year earlier, according to the company's financial statements lodged with the Companies Office. Revenue rose 5.9 percent to $132.8 million, of which $91.4 million was commission and fees from the provision of travel. Flight Centre Travel Group, its listed Austr...

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