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I wanted to share with you the news that FCM Travel Solution’s parent company, Flight Centre Travel Group (FCTG), has secured AUD $900 million in additional funding (through a capital raising and new debt facilities) to further strengthen its balance sheet and liquidity position and prepare for further growth once the prevailing business climate improves.
Flight Centre Travel Group (FCTG) Americas has announced that FCTG Mexico President Manuel Viñas will be retiring at the end of July 2020. Current Head of FCM Latin America, Maren Hanschke has been appointed to succeed him and will assume his responsibilities effective March 1, 2020. Viñas will continue to collaborate and assist with the transitioning, and various projects through to his departure on July 31st.
FCM Travel has made a minority investment in Shep, the award-winning browser extension technology that assists companies with better management of travel purchased outside of their corporate travel policies.
FCM Travel Solutions and parent company Flight Centre Travel Group have become the first global travel management company to achieve NDC Level 4 certification by the International Air Transport Association (IATA), currently the highest level of IATA’s NDC certification program.
FCM Travel Solutions is one of the first major global travel management companies to achieve the coveted TMC Elite level within the SAP Concur Partner Program for TMCs. TMC Elite partner level reflects FCM’s continued focus on delivering the best possible levels of service and experience across the industry’s leading solutions.
Billy McDonough has been named FCM Travel Solutions President for the Americas, effective immediately.
Further demonstrating its full commitment to lead the industry evolution toward next-generation retailing, distribution and fulfillment, Sabre Corporation (NASDAQ: SABR) has entered into strategic relationships with travel industry giants.
FCM Travel Solutions UK has scooped the much coveted GTMC Innovation Award in recognition of the travel management company’s ground-breaking business travel tool, Sam:]