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 Solutions, one of the world’s largest travel management companies, today announced it 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.
Flight Centre Travel Group (Americas) President Dean Smith Set to Retire, Charlene Leiss Appointed as Successor
Flight Centre Travel Group (FCTG) Americas has announced that President Dean Smith will be retiring at the end of the company’s financial year on June 30, 2020.
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, which has a presence in over 95 countries globally, is ending 2019 on a high after being named the World’s Leading Travel Management Company at the World Travel Awards for the ninth consecutive year.
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.
FCM Travel Solutions recently contributed $5,000 to support the mission of TechGirlz, a non-profit organization that aims to inspire middle school girls to explore careers in technology through free, hands-on technology workshops.
Flight Centre Travel Group has strengthened the European footprint of its flagship global business travel division, FCM Travel Solutions, with the announcement that it has taken 100% ownership of 3Mundi, FCM’s partner in France and Switzerland.
Approximately 18% of the world’s population has no access to electricity - which equates to 1.4 billion people living in the dark. Our latest initiative is to partner with Solar Buddy, a charity dedicated to illuminating the future of those living in energy poverty.
FCM Travel Solutions’ friendly and intuitive chatbot travel app, Sam, has been awarded for the ‘best user experience’ at the 2019 Mumbrella Travel Marketing Awards in Sydney.
FLT’s investment is for a 25% interest in Upside which will see it become the business’s largest individual shareholder providing access to Upside’s travel technology platform and software development resources. As part of the agreement, the parties also entered into a commercial deal that covers cooperation on various distribution initiatives that combine FLT’s deep understanding of the corporate travel space with Upside’s powerful technical assets.