Posts Tagged ‘Flight Centre’
ASX Travel Stocks Explode Higher as Oil Crashes 15% on Iran Ceasefire- Is This a Buy or a Two-Week Trade?
ASX Travel Stocks Rally on Ceasefire Oil Drop Virgin Australia (ASX:VGN) surged 13%. Qantas (ASX:QAN) jumped 8%. Flight Centre (ASX:FLT) climbed strongly. Wednesday was one of the best single sessions ASX travel stocks have seen all year, and the reason is straightforward. Trump announced a two-week ceasefire with Iran, oil prices crashed 15%, and investors…
Read MoreWhy travel shares are getting slammed…and it is not for the reasons you may think
Just when ASX travel shares were out of the COVID-19 doldrums (in that some surpassed their pre-COVID highs), 2025 looks to be a difficult year for them. And while some of the havoc can be put down to the market battering due to Trump’s tariffs, many of these travel shares have problems of their own…
Read MoreIs a travel recession unfurling before our eyes? And what does this mean for ASX travel stocks?
Travel stocks have been the most affected in the recent market correction, and it is all because of fears of a travel recession. High prices, low consumer confidence, economic uncertainty (particularly surrounding Trump tariffs) and household debt are taking their toll. Some travel companies have begun to admit this and share prices are declining whether…
Read MoreHere’s why founder-led companies can be good investments, or the odd man out!
Some companies on stock exchanges are founder-led companies. For several reasons, a company being founder-led can be a sign of a good investment. Inevitably, the company’s founder will have led the business through long-term growth and will have significant ownership, thereby incentivising continued growth. However, this is not always the case and no two founder-led…
Read MoreThe 3 best ASX travel stocks according to Stocks Down Under
The trend of “revenge travel” isn’t slowing down, despite predictions of a downturn. Quite the contrary, travel now forms a significant portion of household budgets, showing up prominently in company share prices and market performance. Our own Stuart Roberts says travel expenditures continue to constitute a crucial part of household budgets. He emphasizes the ongoing…
Read MoreFlight Centre (ASX: FLT) set to fly higher in FY 23
Flight Centre (ASX: FLT) has been one of the most obvious ‘re-opening plays’ as the pandemic waned. Its share price has grown with vaccine rates and its own ever-improving financial results, or just the hint of them. This morning, shareholders received news of the latter once again and FLT’s share price rose 4%, but it…
Read MoreASX travel stocks are taking off again in 2022, but which ones will fly the highest?
ASX travel stocks were among the worst companies hit by the Corona Crash as demand was literally eliminated in just a matter of weeks. Travel has recovered very slowly over the past couple of years, but now companies are reporting either that they have returned to profitability or that it is not far off. Nevertheless,…
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