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AAP
AAP
Business
Prashant Mehra

UNBELIEVABLE: Flight centre narrows loss amid recovery - The Untold Story

Flight Centre
Flight Centre's corporate business was profitable for the entire financial year. (James Worsfold/AAP PHOTOS) (AAP)

Flight Centre has narrowed its pre-tax full year loss thanks to a recent rebound in travel demand after the impact of the coronavirus pandemic weighed on the travel agency's business in the first three quarters of the year.

It posted a statutory pre-tax loss of $377.8 million for the 2021/22 financial year, a significant improvement on the $601.7 million loss it announced a year earlier.

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