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Bloody Horrific News For Anyone Looking To Buy Flights

Flight centre shares have hit a three-year high after they signalled the end of heavily discounting their international airfares.

The company revealed today that its profits before tax was $325.4 million, which was down 5.7%.

Significant discounting has learnt earnings as the company takes a percentage of each transaction but the trend looks to normalise in the second half of the year.

Flight Centre said it "currently expects a more normal environment, with modest fare decreases or increases, rather than steep discounting across the board", for 2018. 

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