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Markets1h 57m ago

Flight Centre expects an "earnings tailwind" from a potential peace deal between the US and Iran and eased travel restrictions in the Middle East, after previously downgrading its profit forecast due to the Mideast conflict.

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Middle East, Australia, New Zealand, South Africa, Canada, UK, Bahrain, Israel, Kuwait, Qatar, United Arab Emirates, Iran, Lebanon

Who
Flight Centre, Graham Turner, Wei-Weng Chen
What
Flight Centre expects an "earnings tailwind" from a potential peace deal between the US and Iran and eased travel restrictions in the Middle East, after previously downgrading its profit forecast due to the Mideast conflict.
When
Wed, 17 Jun 2026 04:40:14 GMT · 1h 57m ago
Where
Middle East, Australia, New Zealand, South Africa, Canada, UK, Bahrain, Israel, Kuwait, Qatar, United Arab Emirates, Iran, Lebanon ·
Why
A potential peace agreement between the US and Iran, alongside the Australian government easing travel advice for several Middle Eastern countries from 'do not travel' to 'reconsider your need to travel', is expected to positively impact Flight Centre's earnings.
The Frontline Impact

How this affects you

The easing of travel restrictions and prospects of a peace deal in the Middle East could significantly boost the global travel industry, particularly for companies operating in Australia, New Zealand, South Africa, Canada, and the UK, as demand for travel to the region recovers.

Story chain

5 events in this thread
  1. Currently Reading1h 57m ago
    Flight Centre expects an "earnings tailwind" from a potential peace deal between the US and Iran and eased travel restrictions in the Middle East, after previously downgrading its profit forecast due to the Mideast conflict.
  2. Markets3h 58m ago
    Commodity markets traded higher on June 17, with Brent crude futures rising 0.6 percent to $79.43 a barrel and spot gold climbing 0.4 percent to $4,348.93 per ounce.
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  3. Markets3h 58m ago
    Commodity markets traded higher on June 17, with crude oil and gold prices advancing as investors assessed US-Iran peace prospects and awaited the Federal Reserve's policy outlook.
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