Flight Centre reaffirms record profit guidance

Travel group still expects to increase full-year profit before tax despite facing $11m fine in court case over price-fixing.

Flight Centre Travel Group (FLT) has been fined $11 million as a result of a Federal Court ruling against it in a price-fixing case but still expects to post a record profit in line with guidance.

Flight Centre intends to appeal the judgement and may appeal the penalties imposed after the court found it induced three airlines into price fixing.

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