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AAP
AAP
Derek Rose

EXPLAINED: Flight centre profit down as aussies stay close to home | Rare Historical Photos

Australians have trimmed their travel plans amid global tensions, hitting Flight Centre's profits. (Mick Tsikas/AAP PHOTOS)

Flight Centre says it will miss its already-downgraded profit forecast following a challenging fourth quarter during which travellers booked closer-to-home holidays or delayed plans entirely.

Flight Centre had originally predicted last November it would make an underlying profit before tax of between $365 million and $405 million for the 12 months to June 30, guidance it reaffirmed in February. 

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