Most companies will only resume business travel if their organization deems it safe to do so, according to the second poll in a multi-national ‘State of the Market’ study by Corporate Traveler and FCM Travel Solutions. The majority will also revamp their travel policies to reflect increased duty of care considerations post COVID-19.
Flight Centre Travel Group’s (FCTG) corporate business has delivered a record amount of new accounts during a challenging period for the travel industry. The corporate business, which includes brands FCM, Corporate Traveller, Stage & Screen, Flight Centre Business Travel and cievents, has fueled the company’s revenue generation during COVID-19 lockdowns, given that essential services have generally been permitted to travel.
Flight Centre Travel Group (FCTG) released its year-end results on 27th August for its 2020 Fiscal Year, which show an optimistic future for its corporate brands Corporate Traveller and FCM Travel Solutions, despite a major downturn in the travel industry.
Flight Centre Travel Group (FCTG) Americas has announced that President Dean Smith will be retiring at the end of the company’s financial year on June 30, 2020.
We wanted to share with you the news that Corporate Traveler’s parent company, Flight Centre Travel Group (FCTG), has secured AUD $900 million in additional funding (through a capital raising and new debt facilities) to further strengthen its balance sheet and liquidity position and prepare for further growth once the prevailing business climate improves.
The Massachusetts Biotechnology Council (MassBio®) today announced that Flight Centre Travel Group has joined the Purchasing Consortium, providing members discounted rates on airfare, hotel and car through flexible travel program.
Yon Abad joins from CWT where he has spent the past decade in senior hotel and consulting roles for North America, Latin America and Europe. His most recent position was Vice President of the global hotel supply division.
