The travel agency has already made a number of store closures at the onset of the global pandemic.
Flight Centre Australia is the largest retailer of travel in Australia, however since the onset of the Coronavirus pandemic and the closure of the country’s borders, the brand has struggled and has already closed 330 of their 740 local stores it previously operated. The move will see 4000 people made redundant across the company.
James Kavanagh, Flight Centre’s Managing Director commented: “Without question, the past six months have been the most challenging period in our almost 40 years in business. Never before had we imagined – let alone faced – a scenario whereby all discretionary travel would be halted for a prolonged period.”
Despite the store closures and the uncertainty that remains for the company, they have reported that they will keep 332 stores with 60 of these expected to remain closed for the next six to twelve months.
