Flight Centre Travel Group has upgraded its 2023 fiscal year profit guidance, expecting underlying earnings between $295m and $305m for the 12 months to June 30, 2023. The new midpoint represents a 7% increase in underlying EBITDA and a $483m turnaround from the underlying $183m loss in FY22. Total transaction value (TTV) is expected to be around $22bn, with record TTV in corporate travel and $10bn in leisure.

GBTA Expands Presence in Asia Pacific with New Advisory Board. Industry Board members, along with new GBTA APAC interim director, will focus on advancing the association’s initiatives in the region

FCM is pleased to announce that Glenn Thorsen has been appointed as Sustainability Lead – FCM Consulting.

FCM, a global travel management company, is transforming its customer base with AI to enhance intelligence, creativity, and expertise. The company is utilizing generative AI initiatives, automating email itineraries, capturing leaked reservations, and coordinating travel requests. FCM's AI features address client pain points through integrated customer experience layers and interactive reporting, helping corporate clients stay ahead of the evolving travel landscape.

FCM Consulting has joined forces with CAPA – Centre for Aviation to devise an industry-first service that pairs its unique methodology with the CAPA-Envest Airline Sustainability Benchmarking Report.

FCM has collaborated with the NUS Business School Executive Education to deliver the 'Asia High Potential Programme', a leadership development programme for people with high potential in the FCM division. It will provide formal face-to-face training, 360-degree feedback from managers, peers, and direct reports, and mentorship from leaders within the business. It is an ideal choice to groom high potential executives in Asia.

FCM Adds Senegal to Africa Operations, Reinforcing Regional Expertise and Capabilities

FCM Consulting's latest Global Trends Report shows that demand for business and leisure travel in Q1-2023 is forecast to be at 85.5 per cent of 2019 levels. Corporate travel demand remained strong, with a 27 per cent rise in online adoption and average days away held firm at 2.9. Global hotel occupancy for the quarter was 60.46 per cent. Air travel is predicted to stabilise this year, with added capacity in H1-2023 and airfares moderating in the second half 2023. Asia saw the highest seat growth in Q1-2023 vs Q4-2019, with a 12.2 per cent increase.

Flight Centre Travel Group (FLT) has released its 2023 fiscal year (FY23) 1H accounts.

Let’s talk matters of the heart. In the world of business travel you don’t want to feel like you have to settle. You’re looking for something deeper, something special, and a travel partner that makes you feel *seen*. Right?

Global corporate travel experts, FCM welcomes the removal of hotel quarantine restrictions for incoming travellers to Hong Kong from 26 September. Clearly, this is great news for Hong Kong and its business community.

Our parent company, Flight Centre Travel Group has today announced its annual results for the financial year 2021/2022.