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Articles tagged “flight centre”

News Blog

Flight Centre Travel Group Plays Down Rumors It’s Buying U.S. Agency Altour

Flight Centre Travel Group has rebuked “media M&A speculation” that it is poised to buy U.S. travel management company Altour. “Flight Centre Travel Group (FLT or Company) is aware of media speculation in The Australian newspaper claiming FLT is considering the potential acquisition of a corporate travel business in the USA,” it said in a…

Matthew Parsons | 2 years ago

Tourism

U.S. Travel Hit a New High Mark In July

Today’s edition of Skift’s daily podcast looks at strong U.S. travel numbers in July, a Gen-Z appeal by a Chinese travel portal, and Flight Centre’s corporate travel poaching.

Rashaad Jorden | 2 years ago

U.S. Travel Hit a New High Mark In July

Business Travel

Flight Centre Makes a Dig at Bigger Rivals as it Takes Their Clients

With so much consolidation taking place, the group reckons its FCM Travel arm is now the only global alternative to the legacy travel management companies. They may disagree.

Matthew Parsons | 2 years ago

Flight Centre Makes a Dig at Bigger Rivals as it Takes Their Clients

News Blog

Flight Centre Has Profits in Sight, Thanks to Higher Airline Fares

Australia’s Flight Centre Travel Group has finally turned a corner, and on Monday updated its 2022 fiscal year market guidance after seeing a “solid rebound” in travel demand. The Australian based travel giant now predicts it will report a “healthy” fourth-quarter profit, for the three months up to June 30, 2022, on an underlying earnings…

Matthew Parsons | 2 years ago

Tour Operators

Tour Operators Are Travel’s Last Big Sector Ready for Digital Transformation

The tour operator sector feels like the hotel industry of yesteryear. With billions in market value hiding in plain sight, it seems primed to have its decade of intense innovation.

Tony Carne, Skift | 2 years ago

Tour Operators Are Travel’s Last Big Sector Ready for Digital Transformation

Business Travel

Flight Centre Rolls Up Rivals in a Strategic Partnership Targeting Business Travelers

A coalition of sorts, Link Travel Group is either a sign there’s more than enough pent-up demand to go round, or that these competing agencies see safety in numbers. Either way, it’s an interesting take on the post-Covid, travel-selling business model.

Matthew Parsons | 2 years ago

Flight Centre Rolls Up Rivals in a Strategic Partnership Targeting Business Travelers

Business Travel

Corporate Card Startup Ramp Turning Travel Manager After $750 Million Funding

New York-based Ramp has signed a string of agency, co-working space and ridesharing partnerships, but it looks like venture capital firm General Catalyst may be pulling the strings and driving its debut into travel management.

Matthew Parsons | 2 years ago

Corporate Card Startup Ramp Turning Travel Manager After $750 Million Funding

Business Travel

Business Travel Agencies Face Dilemma Keeping Russian Ties Active

There seems to be an obligation to carry on working with partners in the country, but relationships may now be kept at arm’s length as the war in Ukraine continues.

Matthew Parsons | 2 years ago

Business Travel Agencies Face Dilemma Keeping Russian Ties Active

Business Travel

Corporate Travel Agencies Scramble With 11th Hour Evacuations Over Ukraine War

Global travel management companies are navigating new travel restrictions that include combat zones and closed airports as they organize emergency evacuations in Ukraine and beyond.

Matthew Parsons | 2 years ago

Corporate Travel Agencies Scramble With 11th Hour Evacuations Over Ukraine War

Business Travel

Corporate Travel Giants Flight Centre and CTM Seek Government Contracts

These two global agencies’ 2022 fiscal, first-half results signal the importance of winning public sector business in the years ahead.

Matthew Parsons | 2 years ago

Corporate Travel Giants Flight Centre and CTM Seek Government Contracts