Flight Centre up 5.3% after buyback, FY26 earnings outlook lower
Flight Centre Travel Group Limited was due to start trading again Thursday after a 5.3% jump last session. Investors shrugged off a profit warning and focused on the new capital-return plan. Shares hit their highest level in three months and finished at A$12.44. Big cut to earnings guidance, but shares shook it off. Flight Centre warned Middle East troubles could hit leisure earnings by around A$50 million in Q4, but the market saw that as old news and paid more attention to the share buyback and signs that travel demand is picking up.