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#Flight Centre

Every story tagged #Flight Centre on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

10 stories in this topic

Flight Centre Corporate
General
2 min read

Flight Centre fined $252,000 for misleading promotions

Flight Centre Travel Group has paid $252,000 in fines after misleading customers with unclear promotions during the 2018 Christmas and 2019 Easter periods. The travel group offered customers who spent $1500 on a holiday package during these periods a $250…

flight centre
Living
1 min read

Flight Centre completes Canadian purchase

Travel retailer Flight Centre has bought a remaining stake in Canada-based corporate travel business Les Voyages Laurier du Vallon to take sole ownership of the travel business. The ASX-listed travel firm bought 75 percent of Quebec-based LDV in 2017 for an…

Flight Centre Corporate
Living
2 min read

Flight Centre could see benefits from right-sizing

Amid an industry-wide effort to right-size store networks, analysts at Citi have singled out Flight Centre as a business which could particularly benefit from such an effort. According to Citi analyst Bryan Raymond, approximately 10 per cent of Flight…

flight centre
General
2 min read

Flight Centre grows in Corporate Travel

Australian travel retailer Flight Centre Travel Group has furthered its position in the European market, taking full ownership of corporate travel business 3Mundi, which operates in France and Switzerland. Flight Centre acquired 25 percent of the business in…

Flight Centre Corporate
General
2 min read

Flight Centre drops guidance

Travel specialist retailer Flight Centre has amended its previously stated profit guidance for the remainder of the 2019 financial year after poor conditions in Australia’s leisure market impacted its performance. The group now expects to see a profit of…

Flight Centre Corporate
General
1 min read

Flight Centre Looking at Corporate Travellers

Travel retailer Flight Centre has made a 25 per cent investment in The Upside Travel Company, strengthening its presence in the global corporate travel sector. Flight Centre, which is now the business’s largest shareholder, will gain access to its technology…

flight centre
General
2 min read

Flight Centre recently slapped with $12.5 million fine

Flight Centre has been slapped with a $12.5 million dollar fine for attempting to fix pricing with international airlines between 2005 and 2009. The Full Federal Court of Australia handed down the penalty on Wednesday morning, following a successful high…

Flight Centre
Living
1 min read

Flight Centre buys two New Zealand firms

ASX-listed Flight Centre Travel Group bought two local travel firms for a combined A$19.5 million as it seeks to expand its footprint in New Zealand, making it one of the country’s biggest travel management groups. In its annual earnings published to the ASX…

flight centre
Living
1 min read

Flight Centre buys two New Zealand travel firms

ASX-listed Flight Centre Travel Group will buy two local travel firms for an undisclosed sum, expanding its footprint in New Zealand and making it one of the country’s biggest travel management groups. The Brisbane-based company on Monday said it had agreed…

flight center
Living
1 min read

Flight Centre India to double network

Australian travel retailer Flight Centre expects to more than double its network and business in India over the next five years. Flight Centre, listed on the Australian Stock Exchange, debuted in India 10 years ago and now considers the nation one of its top…