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FCM, the flagship large corporate division of the Flight Centre Travel Group (FCTG), has appointed Sunny Sodhi as the Managing Director of India. Sodhi has spent more than 26 years in the travel and hospitality industry. He is a seasoned professional with experience establishing businesses and delivering accelerated growth
Flight Centre Travel Group (FLT) has released its Annual General Meeting outcomes.
FCM Meetings & Events, the long-standing specialists in the sector and flagship division of the Flight Centre Travel Group (FCTG), recently announced a global expansion of the business. With lofty ambitions ahead of the company, Manpreet Bindra has been promoted to FCM Meetings & Events Leader of Asia.
FCM has been awarded the Best Corporate Travel Agency – Asia Pacific, by Travel Weekly Asia Reader’s Choice Awards, two years in a row.
FCM M&E, a division of Flight Centre Travel Group, is expanding globally, with Simone Seiler as Global General Manager. The MICE market is expected to reach USD1563.3 billion by 2030, with a focus on meetings, event travel, and events.
FCM Travel has been named Asia's Leading Travel Management Company for nine consecutive years at the World Travel Awards 2023, with a retention rate of over 98% among existing customers. The award is attributed to FCM's innovative omnichannel platform and customer experience.
Global travel management company FCM has provided a tantalising glimpse into how it is leveraging disruptive technologies to reshape the servicing of a multi-national customer base that stretches over 100 countries.
Flight Centre Travel Group (FLT) has released its EOFY 2023 fiscal year (FY23) results
Flight Centre Travel Group has upgraded its 2023 fiscal year profit guidance, expecting underlying earnings between $295m and $305m for the 12 months to June 30, 2023. The new midpoint represents a 7% increase in underlying EBITDA and a $483m turnaround from the underlying $183m loss in FY22. Total transaction value (TTV) is expected to be around $22bn, with record TTV in corporate travel and $10bn in leisure.
FCM Consulting has joined forces with CAPA – Centre for Aviation to devise an industry-first service that pairs its unique methodology with the CAPA-Envest Airline Sustainability Benchmarking Report.
FCM Consulting's latest Global Trends Report shows that demand for business and leisure travel in Q1-2023 is forecast to be at 85.5 per cent of 2019 levels. Corporate travel demand remained strong, with a 27 per cent rise in online adoption and average days away held firm at 2.9. Global hotel occupancy for the quarter was 60.46 per cent. Air travel is predicted to stabilise this year, with added capacity in H1-2023 and airfares moderating in the second half 2023. Asia saw the highest seat growth in Q1-2023 vs Q4-2019, with a 12.2 per cent increase.
Flight Centre Travel Group (FLT) has released its 2023 fiscal year (FY23) 1H accounts.