Australian Booking Site Official Blames Canada Performance on a Maternity Leave
In addition to blaming Flight Centre’s poor performance in Canada on a maternity leave, managing director Graham Turner also said that anyone who does business in India “need to have their head read.” Does he get out of his insular little world much?
Excerpt from The Australian
Flight Centre has flagged more leisure and corporate growth, particularly in the domestic market, after announcing a 23 per cent jump in annual net profit to $246.1 (U.S. $220.4 million). But the nation’s largest travel agency also reported that some of its 10 offshore businesses were performing poorly, led by India, Canada and Dubai (the UAE).
“We are concerned about India. It’s a country that is very difficult to do business in,” said Flight Centre managing director Graham Turner, releasing the group’s results for the year to June 30 yesterday ”Anyone who goes in there needs their head read. We are still profitable. We did grow a little bit . . . but we won’t be putting any capital there…,” he said.
Mr Turner blamed the poor performance of Flight’s Centre’s Canadian business on the fact that its main leisure leader had gone on maternity leave. ”It interrupted that business over the past 18 months. We now have a new leader and I am pretty confident the leisure results will improve.”