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Related Newslog Items 26 May 2010 Flight Centre Limited recently acquired "the remaining 44 percent" of corporate travel agency FCm India and "doubled" its corporate travel operations in Singapore through a "small acquisition," according to a statement. The Australian travel company noted that "the global business travel market has started to recover, but has not yet returned to pre-global financial crisis levels," and added that corporate business in the United States "is again trading profitably." 14 December 2009 Australia-based FCm Travel Solutions announced a new partnership in the Philippines with TravelPeople Ltd., Inc.9 September 2009 Flight Centre Limited named Shannon O'Brien executive general manager of the Global Corporate Division, including FCm Travel Solutions. 9 September 2009 FCm Travel Solutions added as partners Thomas Cook Overseas in Egypt and Regency Travel & Tours in Qatar. Thomas Cook's clients include Shell, Lilly, Ericsson and Apache, according to FCm. 3 July 2009 Asia-Pacific firms are "beginning to travel outside the region again" although demand "remains sluggish," according to FCm Travel Solutions, based on data in April and May. The company hailed "the return to long-haul flying." 9 April 2009 FCm Travel Solutions extended support for U.S.-based Richardson Electronics beyond "North America to more than 30 countries worldwide, including China," FCm announced. FCm initially implemented travel management services for the 60 year-old firm in 2006. Richardson Electronics recently created a global travel policy for employees in its more than 50 worldwide offices. 23 March 2009 FCm Travel Solutions named Rob Flint global brand leader, effective 6 April. He replaces Anthony Grigson. A 25-year industry veteran, Flint has worked for FCm parent Flight Centre Limited for 18 years. He will direct FCm's global operations, sales, account management, worldwide partner network and "strategic industry alliances across the globe." 24 February 2009 Amid a "slowdown in global sales" that began in November and "continued into January and February," Australia's FlightCentre reported a 57 percent drop in profits for the first half of its fiscal year ending 31 December 2008, to A$26.1 million (US$18 million), despite "solid overall profit growth" in the corporate travel sector. The company expanded corporate travel operations in Canada, New Zealand, South Africa, the United Kingdom and the United States. Globally, it hired an additional "100 business development managers" for its FCm Travel Solutions and Flight Centre Business Travel brands to "win new accounts and to offset reductions in spend from existing clients." 18 February 2009 FCm Travel Solutions is expanding its Singapore operation to include "full customer servicing, account management and sales resources to manage its growing client base." 12 February 2009 FCm Travel Solutions launched an "expanded" global airfare service, now accessible by "clients in more than 60 countries." The tool searches and compares "all FCm fares and availability across all countries within the company's worldwide network," and "overcomes the challenges presented by the differences between the fares and availability shown by different airlines in each country," according to an FCm statement.
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