Flight Centre Travel Group Ltd (FLT.xasx)

Flight Centre Travel Group Ltd (FLT.xasx)

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Flight Centre Travel Group Ltd (FLT.xasx) Profile

Flight Centre Travel Group Ltd (FLT.xasx) is an Australian travel retailer and corporate travel manager headquartered in Queensland, Australia. FCTG has approximately 6000 employees and operates leisure and corporate travel business in 23 countries, including Australia, New Zealand, Mexico, United States, Canada, South Africa, United Kingdom, India, Hong Kong, China, Singapore, and the United Arab Emirates. Flight Centre operates an extensive portfolio of over 30 universal brands, including Umapped, Discova, Travel Managers, MoneyWise Global, GOGO Worldwide Vacations, StudentUniverse, Corporate Traveler, Liberty Travel, Travel Associates, and Stage & Screen. Flight Centre Travel Group engages in travel activities in more than 90 countries worldwide through the FCM corporate travel management network and the online travel brand Aunt Betty. Flight Centre Travel Group Ltd stock (FLT.xasx) is traded on the Australian Securities Exchange Ltd (ASX), as a Standard & Poor’s ASX 200 (S&P/ASX 200) constituent, has a $3.65B (AUD) market cap as of November 2021 and $396M (AUD) in 2020 yearly revenues. FCTG has been facing severe challenges and accusations in the last couple of years. Flight Centre Travel Group Ltd has been criticised over cancellation fees and refund withholdings, allegedly underpaying its workforce, as well as reports over staff accusations over bullying, harassment, drug use and a cult-like atmosphere. Flight Centre Travel Group Ltd and its stock seam to be on an emergency landing.

Flight Centre Travel Group Ltd (FLT.xasx): Trade a Contract for Difference (CFD) on FLT.xasx and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Trading hours in US Eastern Time
16:30 - 23:00
16:30 - 23:00
16:30 - 23:00
16:30 - 23:00
16:30 - 23:00

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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