FLT 0.69% $17.51 flight centre travel group limited

I'm not joking at all Turnover : So what? margins can very...

  1. 536 Posts.
    I'm not joking at all

    Turnover : So what? margins can very likely approach 0 as they have done in the US bricks and mortar travel agency business. When Expedia decide they want the market and can do so on a cost base of an internet company they will do so. Just because Australia is 10 years behind the rest of the developed world it doesn't mean we will stay that way. Look at MYR, DJ's etc

    Unique Culture: Yeah OK, whatever.

    The ACCC ruling could completely invalidate a large portion of their business model... I stress could...... and people seem completely unconcerned about this.

    Their US business provides a good look into the future of their Australian business IMO

 
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