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Corporate Traveler secures significant additional funding

Flight Centre Travel Group’s Corporate Business Delivers Promising Results While Achieving Cash Flow Targets

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.
State of the Market Survey Results

Duty of care focus in response to second ‘State of the Market’ poll results

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. 
Latest update on the Coronavirus

Coronavirus Updates

Corporate Traveler is monitoring the current novel coronavirus (COVID-19) outbreak and the impact on business travel and will continue to keep clients informed during this active situation. Read more for the latest information and resources available.
Corporate Traveler secures significant additional funding

Business Update – Corporate Traveler secures significant additional funding

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.