0039 GMT - Historically, Flight Centre has exited a crisis stronger, through improved cost-control, a stronger balance sheet and greater scale. Jarden thinks this time is no different. Analyst Ben Gilbert says Flight Centre is lifting trust with customers, gaining share and benefiting from market consolidation. At the same time, it has launched a loyalty program and is leaning into data and AI initiatives to drive productivity and a greater slice of consumer spending, Jarden says. "The net result: we believe Flight Centre should come out stronger, with scope for earnings and return on invested capital to accelerate," Jarden says. "However, this is likely a 2H27 story." Jarden retains an overweight call on Flight Centre, which is down 0.6% at A$9.86. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

May 26, 2026 20:39 ET (00:39 GMT)

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