FCM Travel Business Trip Sales Rise Everywhere — Except Asia
Photo Credit: FCM Travel's volumes reached 95 percent of pre-Covid levels globally during the six months to Dec. 31, 2022. Bueno Pixabay / Danilo
Skift Take
China's recovery is key for the corporate travel agency in many ways, but it all depends on how many businesses are ready to head back there.
FCM Travel, Flight Centre's principal corporate-focused agency, is gaining from the business travel pick-up in every part of the world — apart from Asia. As a whole, the Australian group only managed to break even in the region, according to its 2023 first-half results, when taking into account business and leisure sales.
Profitability is also trailing revenue, compared to how the group's business division, which also includes Corporate Traveller, operated in 2019 because of investments it's made to win business off its larger rivals.
FCM Travel now brands itself as "the alternative to the t
