FLIGHT Centre Travel Group (FLT) has delivered an AUD$124.6m underlying profit before tax (UPBT) for the half year ended December 31, 2025. The full market release is here.

This result represents four per cent growth on the prior corresponding period’s (PCP) AUD$119.7m adjusted UPBT, with the company comfortably surpassing expectations of a broadly flat first-half (1H). Statutory* 1H PBT was AUD$87m.

FLT’s corporate division delivered another record 1H, with TTV reaching new highs and reinforcing the Corporate Traveller and FCM brands’ scale and strength. 

Comments by Steve Norris, Flight Centre Travel Group Managing Director, EMEA:

“FCM has achieved significant growth and operational advancements across its European corporate business. Robust expansion in FCM Meetings and Events has led the way, with the UK delivering a 46 per cent year-over-year increase.

“This success reflects the stability and reliability of FCM’s service delivery, highlighted by its highest post-COVID SLA performance - reaching 94.1 per cent for phone and email inquiries. Clients can trust that this level of consistency gives their travel programmes real confidence.

“Uplift in momentum has been fuelled by strategic investments, including the UK launch of FCM Booking, underpinned by Whereto’s proprietary technology, and the continued growth and adoption in Corporate Traveller's Melon.

“Nearly all regions have now completed rollout of the productive operations project, strengthening efficiency and service consistency for customers.

“Looking to the second half of fiscal year 2026, we expect a strong pipeline of new business for FCM and increased Corporate Traveller sales activity to continue driving success.”

Comments by Chris Galanty, Flight Centre Travel Group, Global Corporate CEO

“The standout story is productivity. Transaction value per employee across our flagship brands, FCM Travel and Corporate Traveller, is up almost 20 per cent since the first half of FY24.

“Our profit growth has comfortably exceeded our transaction value growth – clear evidence we're achieving genuine scale efficiencies.

“This isn't about working people harder. It's about working smarter through AI-enabled tools and streamlined processes that free our consultants to focus on complex, high-value client work.

“This allows us to automate the ordinary to deliver the extraordinary to our customers, who are the ultimate winners when it comes to our innovation and advancements across our corporate businesses, as we base many of our improvements on consultations with them as partners.

“The corporate travel industry is consolidating rapidly. New entrants are disrupting traditional models. Economics is shifting. This creates opportunity for well-positioned players – and we're capitalising on it with a robust pipeline of new accounts and strong retention.

“Asia has returned to profitability after prior-year losses. Our US SME business grew transaction values by 13 per cent. And we're winning significant contracted opportunities globally.

“We've launched AI tools that handle routine enquiries while our consultants focus on what they do best: solving complex travel challenges. This isn't AI replacing people. It's automating the ordinary to deliver the extraordinary.

“Our Melon and FCM platforms now integrate customer-facing and operational technologies, creating a seamless experience that combines the speed of automation with the personal touch clients demand.

“We're expanding into higher-margin services beyond flight and hotel bookings. FCM generated approximately 10 per cent of global revenue this half from meetings and events, payments, and consultancy – solving broader business problems for clients.

“We enter H2 with strong momentum, improving margins, and multiple growth levers. Industry consolidation is creating opportunities. Our productivity initiatives are gaining traction.

“The corporate travel landscape is transforming rapidly. FLT's combination of scale, service culture, and technological capability means we're not just navigating – we’re leading.”

Read the full ASX announcement