The Finder app is here! 🥳

Get your savings sorted.

How to buy Flight Center shares | A$14.25

Own Flight Center shares in just a few minutes.

Updated

Fact checked
Flight Centre logo

Flight Centre has been one of the travel companies negatively impacted by the coronavirus pandemic, as strict travel bans have left the company unable to operate as normal and resulted in mass staff redundancies and office closures. Its share price has dropped significantly as a result, falling more than 70% in a matter of weeks to its lowest levels since 2009 (as of March 2020). As a result the company announced the cancellation of its interim dividend on 23 March 2020, set to be 40 cents a share, to save the company more than $40 million.

Flight Centre Travel Group (FLT) is the largest retail travel agency in Australia with almost 3000 offices around the country. Its most well-known brand, Flight Centre, helps Australians book domestic and international travel including fights, travel packages, hotels, travel insurance, cruises and tours. Other popular travel brands owned by Flight Centre Travel Group are Student Flights and Topdeck.

How to buy shares in Flight Center

  1. Compare share trading platforms. To buy shares listed in Australia, you’ll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Flight Center. Find the share by name or ticker symbol: FLT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Flight Center reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price of A$14.25, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Flight Center. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Price details for Flight Center (FLT)

Open A$13.6 Previous close A$13.01
High A$14.8 Change A$1.24
Low A$13.52 Change % 9.531%
Close A$14.25 Timestamp 1590473400
Volume N/A GMT offset 0

Flight Center share price

Use our graph to track the performance of FLT stocks over time.

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 8
  • Brokerage - US shares: From USD 10
  • Sign-up process: Instant
  • Support - After hours: Yes
Go to site
More info

Important: Share trading carries risk of capital loss.

Promoted

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data indicated here is updated regularly
Name Product Standard brokerage fee for ASX shares Standard brokerage for US shares Inactivity fee Currency conversion fee Markets
IG Share Trading
AUD 8 or
0.1%
USD 10 or
2 cents per share
AUD 50 per quarter if you make fewer than three trades in that period
0.50%
ASX shares
Global shares
Forex
CFDs
Margin trading
Start trading stocks in less than a few minutes with IG’s instant sign-up process.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
eToro Share Trading
N/A
$0
USD 10 per month if there’s been no login for 12 months
0.50%
Global shares
Forex
CFDs
Zero brokerage share trading on US stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and forex from the one account.
CMC Markets Stockbroking
AUD 11 or
0.1%
USD 19.95
AUD 15 per month if you make no trades in that period
0.60%
ASX shares
Global shares
Forex
CFDs
Margin trading
Options trading
mFunds
Access a broad range of investment products from Australia and overseas.
Invest in managed funds, trade shares, warrants, options and CFDs listed across the ASX, SSX and Chi-X, and other major global exchanges, including US, Canada and UK markets.
ANZ Share Investing
AUD 19.95
AUD 59
No
0.60%
ASX shares
Global shares
Margin trading
Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or
0.11%
USD 19.95
AUD 63.50 per year on the global markets account
N/A
ASX shares
Global shares
Options trading
US shares
loading

Compare up to 4 providers

Should I buy Flight Center shares?

This is not a recommendation, it represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Pros

  • Prominent brand. Flight Centre is part of Australia's biggest retail travel agency (Flight Centre Travel Group) with close to 3000 stores across the country. It's also a well-known brand, and top of mind for a lot of Australians when thinking about booking a holiday.
  • Travel ban will end. The strict global travel bans due to coronavirus in March 2020 have been very damaging to the company, but they won't be in place forever. This could present a buying opportunity for investors with a high risk tolerance and a long time frame.

Cons

  • Falling share price. In March 2020, Flight Centre saw its share price fall more than 70% in a matter of weeks due to widespread coronavirus-related travel bans.
  • High-risk. While some investors believe Flight Centre shares are presenting a good buying opportunity, others believe it will take a long time for the stock to recover and some fear it may never fully recover.
  • More competition. There's increased competition from big online players like Skyscanner and Webjet, particularly for international and domestic flight bookings.
  • Cancelled dividend. Flight Centre announced in March 2020 it will cancel its interim dividend in light of the severe financial challenges the company is facing. This creates uncertainty around its future dividends.

Flight Center company summary

Information last updated 2020-05-21.

Flight Center (FLT) is a leading Hotels, Restaurants & Leisure business based in the Australia. Flight Center (FLT) is listed on the ASX and employs 19993 staff.

Profile

Industry Travel Services Currency symbol A$
Code FLT Country name Australia
Type Common Stock Country ISO AU
Name Flight Centre Travel Group Limited ISIN AU000000FLT9
Exchange AU CUSIP N/A
Currency code AUD Sector Consumer Cyclical
Currency name Australian Dollar Full-time employees 19993

Detailed company information

Flight Centre Travel Group Limited provides travel retailing services for the leisure, corporate, and wholesale travel sectors in Australia, New Zealand, Europe, the Middle East, Africa, the Americas, Asia, and Internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries. It also supplies products to its national and international network, or travel retail outlets. In addition, the company offers other travel related services, including foreign currency exchange and travel academies; recruitment marketing and bike retailing; and employee benefit services. It provides its services primarily under the Flight Centre brand, as well as other travel brands, such as Student Flights, Travel Associates, My Adventure Travel, Liberty Travel, Infinity Holidays, GOGO Vacations, FCm Travel Solutions, Corporate Traveller, Stage and Screen, cievents, and Campus Travel. The company was formerly known as Flight Centre Limited and changed its name to Flight Centre Travel Group Limited in November 2013. Flight Centre Travel Group Limited was incorporated in 1987 and is headquartered in Brisbane, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

Related Posts

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Ask a question
Go to site