Flight Centre Travel Group’s Corporate Business Delivers Promising Results While Achieving Cash Flow Targets
FCM Travel Solutions, FCTG’s leading business travel arm has fueled the company’s revenue generation during COVID-19 lockdowns. FCTG was on track to deliver more than $10billion in annual TTV before restrictions were imposed.
FCM's parent company, Flight Centre Travel Group (FCTG), announces the acquisition of San Francisco-based WhereTo, an enterprise travel platform and technology company.
FCM Travel Solutions is ramping up its safety-related offerings for customers, as companies prioritize traveler safety and duty of care post COVID-19.
The majority of organizations will take a phased approach to resuming domestic and international business travel over the next 12 months according to the first phase of a multinational ‘State of the Market’ study.
At FCM Travel Solutions, equal rights are central to the way we operate. We are committed to having a diverse workforce and as a global player in the travel industry, we have the opportunity to lead the way and help bring about change to this sector.
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.