Articles tagged “flight centre”

What South Africa’s Virus Protocols Tell Us About Balancing a Travel Economy With a Nation’s Health

What South Africa’s Virus Protocols Tell Us About Balancing a Travel Economy With a Nation’s Health

Matthew Parsons, Skift

South Africa is understandably cautious as it approaches winter, and doing all it can to stave off a health crisis. But its strict and prolonged protocols might end up doing more harm than good.

21 hours ago

Overcoming Fears and Trepidation: Helping the Corporate Traveler Get Back On Board

Overcoming Fears and Trepidation: Helping the Corporate Traveler Get Back On Board

Matthew Parsons, Skift

It's becoming increasingly clear there’s no one-size-fits-all method to restart corporate travel, as companies will need the right combination of internal processes, government approvals, and traveler sentiment. It could be a long wait.

2 weeks ago

Travel Agency Flight Centre to Shutter 800 Storefronts as Part of $1.2 Billion Savings Effort

Travel Agency Flight Centre to Shutter 800 Storefronts as Part of $1.2 Billion Savings Effort

Matthew Parsons, Skift

This cost-cutting package could be one of the largest we'll see in this crisis. On paper, the cuts look like they'll be enough, but there will be collateral damage to its brand with so many shop closures.

2 months ago

Flight Centre Shutters 100 Stores in Australia as Coronavirus Roils Travel Sector

Flight Centre Shutters 100 Stores in Australia as Coronavirus Roils Travel Sector

Ben Butler, The Guardian

Bushfires, drought and now coronavirus — can it get any worse for Australia tourism? Hopefully not, but signs are pointing to a darker picture ahead.

3 months ago

BCD Travel and Flight Centre Make More Global Acquisitions

BCD Travel and Flight Centre Make More Global Acquisitions

Isaac Carey, Skift

It's pretty clear there's a lot of consolidation going on in the travel management space, and there are no signs of that changing. With BCD's most recent investment, the company is in a good position to start planning future acquisitions in the Asia-Pacific region.

11 months ago

Flight Centre Invests in Jay Walker’s Biz Travel Company Upside

Flight Centre Invests in Jay Walker’s Biz Travel Company Upside

Andrew Sheivachman, Skift

It sure looks like global corporate travel giants are starting to take the small- to medium-size business travel market seriously. For some startups that didn't find traction in the marketplace, this means another shot at success.

1 year ago

Viking Sky Rescue Doesn’t Appear to Be Hurting Cruise Demand

Viking Sky Rescue Doesn’t Appear to Be Hurting Cruise Demand

Allan Leibowitz, Skift

Cruise customers, who are shrugging off the recent Viking Sky dramas, seem to be a hardy bunch. Advisors have been spared a flood of cancellations, and it looks like business as usual for cruising.

1 year ago

Why Does Traveloka Want to Venture Into Competitive Australia?

Why Does Traveloka Want to Venture Into Competitive Australia?

Raini Hamdi, Skift

Traveloka is going after a slice of the Australian online travel market. That's brave. Even though the market is robust, the space is highly competitive. While Indonesia is popular among Australians, travelers still mainly prefer Bali, which is like their backyard. So what has Traveloka to offer?

1 year ago

Flight Centre Expands in U.S. With Silicon Valley Acquisition

Flight Centre Expands in U.S. With Silicon Valley Acquisition

Allan Leibowitz, Skift

Flight Centre’s latest North American acquisition looks like a win-win. Casto Travel gets access to the group’s technology, buying power, and marketing reach while the Australian-headquartered travel group expands its footprint in Silicon Valley.

1 year ago

Flight Centre Stock Takes a Pounding With Fallout From TV Report Lingering

Flight Centre Stock Takes a Pounding With Fallout From TV Report Lingering

Allan Leibowitz, Skift

Flight Centre founder Scroo Turner must be wondering what it takes to keep the market happy. His company reported revenue and profit growth, but still its shares were slashed, with traders wiping more than $50 million off its value.

2 years ago

Flight Centre Buys Umapped to Boost Tech Capability

Flight Centre Buys Umapped to Boost Tech Capability

Allan Leibowitz, Skift

Most of Flight Centre’s acquisitions to date have been about adding market share and a broader international footprint, but the Australian company is now looking for tech advantages. It's hoping Canadian itinerary management platform Umapped will raise its game.

2 years ago

Flight Centre Stock Tumbles After TV Report Alleges Anti-Consumer Practices

Flight Centre Stock Tumbles After TV Report Alleges Anti-Consumer Practices

Allan Leibowitz, Skift

Negative press about working conditions and markups has dented Flight Centre’s stock price, despite record financial results. The claims have been denied, but the share price is still suffering. The mural incident doesn't do anything to bolster confidence in corporate culture.

2 years ago