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According to FCM Consulting’s latest report, Q1-2024 business travel grew consistently and is forecast to continue this trend into Q2. Economy ticket prices are 11% higher than in 2019 but 16% lower than January 2021. Sunny Sodhi, Managing Director of FCM Travel India, noted that strong demand and a resilient global economy support corporate travel despite geopolitical uncertainties. Increased advanced bookings and a rise in low-cost carrier (LCC) seats, now at 31% globally, highlight steady demand and confidence in the travel market.
FCM, the flagship large corporate division of the Flight Centre Travel Group (FCTG), has appointed Siddharth Mehta as the Vice President of Supply for India. An innovator and change leader, Mehta has more than 25 years of demonstrable track record of revenue and people success. He has held senior positions across travel management companies, global distribution systems, airlines, and online travel agencies.
To understand the growth drivers, business travel industry outlook, and decode today’s business traveller in India, Bertrand Saillet, Sunny Sodhi, and Catherine Logan, sat down for a fireside chat at FCM Corporate Travel Summit, powered by GBTA in Mumbai and delved into the trajectory of business travel in India and south-east Asia.
The pulse of corporate travel is quickening, propelled by a shift in how we work. Let’s face it - remote work is well and truly a fixture now, promising enhanced well-being and work-life equilibrium. What will the outcome be for 2024? We unravel the Top 6 Predictions of Business Travel for 2024 by blending insights from our experts with the experts at Travelport.
In a strategic move to bolster its technological capabilities, FCM Travel India has appointed Shailendra Pandey as its new Chief Technology Officer. Pandey brings 17 years of experience in the technology sector, previously in roles such as a Development Engineer, Solutions Manager, and was most recently the Director of Engineering for a billion-dollar company before joining FCM Travel India.

Flight Centre Travel Group, announced the establishment of an ‘AI Center of Excellence,’ a new global division that will focus on promoting, adopting, and integrating artificial intelligence technologies into the business. Read more here.