FLIGHT Centre Travel Group (FLT) has delivered an AUD$124.6m underlying profit before tax (UPBT) for the half year ended December 31, 2025. The full market release is here.

This result represents four per cent growth on the prior corresponding period’s (PCP) AUD$119.7m adjusted UPBT, with the company comfortably surpassing expectations of a broadly flat first-half (1H). Statutory* 1H PBT was AUD$87m.

FLT’s corporate division delivered another record 1H, with TTV reaching new highs and reinforcing the Corporate Traveller and FCM brands’ scale and strength. 

Comments by Bertrand Saillet, Managing Director Asia, FCM Travel:

"The first half of the year has seen a positive profit turnaround for our business in Asia. 

“We’ve seen strong customer demand, improved productivity, and consistently high service standards – all of which have seen a profit uplift and have set us up on a solid growth trajectory. It’s been a team effort, and the results speak for themselves.

“We’ve also hit some exciting milestones. Our Meetings & Events business has really taken off across the region, with some major regional contracts signed recently. 

“While we can’t name names at this stage, these are partnerships with some of the biggest players in their industries, and it’s a testament to the trust they’ve placed in us. 

“On top of that, we’ve rolled out our domestic online booking tool in Japan, which is a game-changer for our customers there. It gives them access to a wider range of content, including rail, and makes the booking process more intuitive and seamless.

“Looking ahead to the second half of FY26, we’re focused on maintaining this positive profit momentum. Growth is the name of the game – accelerating new wins while maintaining the high retention rates we’re so proud of. 

“We’re also doubling down on our SME and Meetings & Events businesses, which are key areas of opportunity for us.

“Asia remains a key region for our growth. Demand is strong, and our presence across the region's key economies allows us to diversify income streams by leveraging the unique strengths of each country within.

“It’s an exciting time for FCM travel in Asia, and I’m confident we’ll continue to build on this success in the months ahead.”

Comments by Chris Galanty, Flight Centre Travel Group, Global Corporate CEO:

“The standout story is productivity. Transaction value per employee across our flagship brands, FCM Travel and Corporate Traveller, is up almost 20 per cent since the first half of FY24. 

“Our profit growth has comfortably exceeded our transaction value growth – clear evidence we're achieving genuine scale efficiencies.

“This isn't about working people harder. It's about working smarter through AI-enabled tools and streamlined processes that free our consultants to focus on complex, high-value client work.

“This allows us to automate the ordinary to deliver the extraordinary to our customers, who are the ultimate winners when it comes to our innovation and advancements across our corporate businesses, as we base many of our improvements on consultations with them as partners.

“The corporate travel industry is consolidating rapidly. New entrants are disrupting traditional models. Economics is shifting. This creates opportunity for well-positioned players – and we're capitalising on it with a robust pipeline of new accounts and strong retention.

“Asia has returned to profitability after prior-year losses. Our US SME business grew transaction values by 13 per cent. And we're winning significant contracted opportunities globally.

“We've launched AI tools that handle routine enquiries while our consultants focus on what they do best: solving complex travel challenges. This isn't AI replacing people. It's automating the ordinary to deliver the extraordinary.

“Our Melon and FCM platforms now integrate customer-facing and operational technologies, creating a seamless experience that combines the speed of automation with the personal touch clients demand.

“We're expanding into higher-margin services beyond flight and hotel bookings. FCM generated approximately 10 per cent of global revenue this half from meetings and events, payments, and consultancy – solving broader business problems for clients.

“We enter H2 with strong momentum, improving margins, and multiple growth levers. Industry consolidation is creating opportunities. Our productivity initiatives are gaining traction. 

“The corporate travel landscape is transforming rapidly. FLT's combination of scale, service culture, and technological capability means we're not just navigating – we’re leading.”

Read the full ASX announcement