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Articles tagged “flight centre”

Business Travel

BCD Travel and Flight Centre Make More Global Acquisitions

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.

Isaac Carey, Skift | 5 years ago

BCD Travel and Flight Centre Make More Global Acquisitions

Business Travel

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

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.

Andrew Sheivachman, Skift | 5 years ago

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

Cruises

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

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.

Allan Leibowitz, Skift | 5 years ago

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

Online Travel

Why Does Traveloka Want to Venture Into Competitive Australia?

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?

Raini Hamdi, Skift | 5 years ago

Business Travel

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

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.

Allan Leibowitz, Skift | 5 years ago

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

Online Travel

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

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.

Allan Leibowitz, Skift | 6 years ago

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

Business Travel

Flight Centre Buys Umapped to Boost Tech Capability

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.

Allan Leibowitz, Skift | 6 years ago

Flight Centre Buys Umapped to Boost Tech Capability

Online Travel

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

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.

Allan Leibowitz, Skift | 6 years ago

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

Online Travel

Travelport Lost Lucrative Flight Centre Contract to Distribution Rivals

No word on yet on what activist hedge fund investor Paul Singer of Elliott Management might try to pressure Travelport do this year. But research analysts expect that, at the very least, the travel technology company will be pressed to spin off its fast-growing eNett payments business.

Sean O'Neill, Skift | 6 years ago

Travelport Lost Lucrative Flight Centre Contract to Distribution Rivals

Online Travel

Flight Centre Will Eliminate Some Leisure Brands

Australia’s largest travel agent, Flight Centre, is not resting on its laurels after posting record revenues and strong profits. To ensure it stays on track, the group is shedding underperforming businesses, and dumping some of its leisure brands. It is also chasing growth in emerging business lines ranging from destination management to foreign exchange services.

Allan Leibowitz, Skift | 6 years ago

Flight Centre Will Eliminate Some Leisure Brands