Flight Centre - Great Business with too much Risk

Few businesses have felt the government mandated shutdowns more than global travel agent Flight Centre (FLT) that has seen its share price fall by 73% in 2020. Hugh Dive from Atlas Funds Management reviews the company through the Quality Filter Model after FLT raised $700m. The outcome is that there's too much risk ahead for FLT, despite the company being very well run and holding strong competitive advantages.