ASX Travel Stocks on the Rise: Flight Centre, Web Travel and Qantas Positioned for Sector Recovery

The travel sector is now showing signs of recovery and the following three ASX travel stocks are well positioned to capture upside and create value for shareholders.

Flight Centre Travel Group Limited (ASX: FLT)

Flight Centre Travel Group Limited (ASX: FLT) has a market capitalisation of $2.48 billion which places it among the top ASX travel stocks today because a sector recovery is expected to support growth.

The company in 1H FY26 reported solid results as total transaction value (TTV) rose 7% year-on-year to $12.5 billion which shows steady demand across its platform.

Revenue also moved higher by 6% to $1.4 billion which reflects consistent business performance compared to the prior corresponding period. 

Underlying EBITDA increased 9% to $213 million because operating leverage and strict cost control supported margin expansion.

The outlook has improved further as the company completed a $200 million share buyback, made acquisitions such as Iglu and also invested in AI driven platforms which enhanced productivity and customer experience.

Management has reaffirmed FY26 guidance and expects underlying Profit before tax of $315 million to $350 million which will be supported by improved margins.

Web Travel Group Limited (ASX: WEB)

Web Travel Group Limited (ASX: WEB) has a market capitalisation of $1.08 billion and the stock has regained strong momentum as it rose about 7% on 16 April 2026 which reinforces its position among the top ASX travel stocks today.

The company in 1H26 reported strong financial results as total transaction value increased 22% year-on-year to $3.2 billion and revenue rose 20% to $204.6 million which shows solid performance across major global regions.

EBITDA increased 21% to $94 million and NPAT declined slightly to $48.6 million compared to the prior corresponding period because corporate costs and interest expenses rose after the demerger but the overall trend still shows scalable and profitable growth.

Management has reaffirmed FY26 guidance with EBITDA expected between $147 million and $155 million alongside continued double digit TTV growth which positions the company to benefit from global travel recovery and create long-term value.

Qantas Airways Limited (ASX: QAN)

Qantas Airways Limited (ASX: QAN) has a current market capitalisation of $13.84 billion which supports its position among the top ASX travel stocks today due to strong operational and financial execution.

The company in 1H26 reported a solid performance as underlying profit before tax rose to $1,456 million while statutory profit after tax reached $925 million which reflects resilient earnings growth compared to the prior corresponding period.

Cash generation was impressive as operating cash flow was $1.8 billion while the balance sheet remained stable with net debt at $5.6 billion which is within its target range.

The company has hedged around 90% of its 2H26 exposure to crude oil to offset rising fuel costs and geopolitical uncertainty but remains largely exposed to changes in jet refining margins which moved from US$20 per barrel in February to about US$120.

The Group is working closely with the Government and jet fuel suppliers which continue to provide confidence in fuel supply for the rest of April and well into May amid ongoing uncertainty in global fuel supply chains.

(Source: Company Reports)