FCM announces that parent company Flight Centre Travel Group has fully acquired Shep, the Texas-based software company that provides a browser-extension based communication platform for multi-national corporations. This acquisition builds on last year’s initial investment in the firm, and boosts FCM’s already robust technology offering.
FCM is inviting corporate travel managers to experience a preview of its new proprietary platform. Developed in response to a rapidly evolving business travel landscape, this latest initiative reflects the company’s accelerated investment in next-generation technology.
FCM announces Jo Lloyd to join the company as Global Account Management & Consulting Director. Additionally, FCM has reached an integration agreement with corporate travel consulting and training firm Nina & Pinta to further strengthen the global FCM consultancy offering and range of services.
FCM, is growing its presence across Asia through a joint venture with NSF Engagement in Japan. The investment will enhance FCM’s presence in Asia to support existing customers in the region while boosting its global footprint.
We are pleased to share that FCM has begun the new fiscal year in a strong position after underlining its credentials as an innovative and disruptive world leader in the corporate sector.
There is no crystal ball to tell us when exactly travel will return, or what we can definitively expect to change, but we know that heightened hygiene measures stemming from Covid-19 will be a critical part of travel moving forward.
The Flight Centre Travel Group (FTL) has unveiled a new share-based retention scheme, called the Global Recovery Rights program, which has been designed to benefit the company’s global sales force and support staff.
FCM has partnered with South Pole for new global carbon offsetting program. This partnership will support multinational clients in setting up solutions to naturalize the carbon impact of their business travel and help meet their sustainability goals.
A significant rebound in its global corporate travel business is expected by year-end as activity increases and FCM starts to see stronger returns on the multi-million dollar investments made during the pandemic.
I wanted to share with you the news that FCM Travel Solution’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.
