• UPBT up 9.7% to $226.4m, TTV up 7.6% to $19.5b in 9 months to March 31
• Corporate TTV up 4%, UPBT up 23% in 9 months
• Leisure TTV up 12%, UPBT up 2% in 9 months
• Launching new loyalty program 'World360 Rewards'

Flight Centre Travel Group has reported strong financial results for the first 9 months of FY26, with UPBT up 9.7% to $226.4m and TTV up 7.6% to $19.5b. The corporate division continued its robust performance, with TTV up 4% and UPBT up 23% compared to the prior corresponding period. The leisure business also delivered promising results, with 9 consecutive months of double-digit TTV growth across all categories. However, the leisure division was more impacted by recent geopolitical tensions, with an estimated $10m profit impact in April. The company is launching a new loyalty program called 'World360 Rewards' which will allow customers to earn and redeem points across the entire Flight Centre ecosystem. This is expected to diversify revenue streams and improve long-term returns.Flight Centre is also continuing to invest in AI and technology to drive efficiency, reduce cost-to-serve, and deliver more personalized and consistent customer experiences. Initiatives include the rollout of AI-powered tools like Sam and Mel, as well as the expansion of capabilities like air booking functionality within the company's proprietary platforms.The company is closely monitoring the impact of ongoing global events and has proactively modelled various scenarios to minimize potential disruption. While the leisure business was heavily affected in April, the corporate division has not seen a significant impact so far. Flight Centre remains focused on cost discipline, increasing market share, leveraging supplier relationships, and maintaining balance sheet strength to prepare for a rebound in demand as conditions stabilize.

UPBT target unchanged at $315m-$350m, but continuing to closely monitor impact of world events on short-term results. Potential Q4 FY26 FX headwinds on overseas profit translation due to Australian dollar strength.

Closely monitoring the impact of ongoing Middle East hostilities ahead of the key fourth quarter booking periods. Proactively modelling scenarios to finetune response plans and minimise potential disruption in a constantly evolving trading climate.