Flight Centre Travel Group (USA)

Flight Centre Travel Group (USA)2019 sales: $16 billion
Employees: 19,993
Previous ranking: 6

5 Paragon Drive, 2nd Floor
Montvale, NJ 07645
T (201) 934-3500

Website

$16 billion19,9935 Paragon Drive, 2nd FloorMontvale, NJ 07645T (201) 934-3500

Executives

Executives PRESIDENT, AMERICAS: Charlene Leiss
PRESIDENT, LEISURE BRANDS AMERICAS: Marc Casto
PRESIDENT, CORPORATE BRANDS USA: Amanda Vining
PRESIDENT, CORPORATE BRANDS CANADA: Chris Lynes

2019 Developments

Corporate USA was the major driver for international growth and surpassed 2018 profits by 44%

Corporate sales increased 30% over 2018.

Corporate USA sales overtook Australia and was the largest Corporate business globally.

Corporate growth accelerated with new small to medium enterprises and large, multinational clients.

Acquisition of Casto Travel.

Acquisition of remaining 75% equity interest in Paris-based 3Mundi, which gives Flight Centre 100% ownership of the company and its SAM travel application.

Increase in Flight Centre’s equity ownership to 10% in 30SecondstoFly and its Claire AI corporate travel solution.  That includes exclusive rights to offer the Claire app in the large global TMC category.

Further expansion of Student Universe and integration into worldwide student travel initiative.

Continued leisure/retail expansion; launch of new Liberty Travel website; rapid growth of independent agent network to reach 1,500 agents across the Americas.

Company Facts

Direct sales of travel products and services to corporate and leisure markets, wholly owned operations in 23 countries and licensee network in 90 countries.

ARC sales of $1.47 billion.

Flight Centre in the news

The company in early June announced a restructuring of its Liberty Travel brand to transition the brick-and-mortar storefronts into “network hubs.”

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Works with 20,792 hosted agents responsible for $56 million in sales.

70% of sales from business, 30% leisure.

Subsidiaries and brands: Corporate Traveler Services, FCM Travel Solutions, Travel Associates, Student Universe, Cievents, FlightCentre, Worldwide Traveler, Stage and Screen Travel, LibGoTravel, Liberty Travel, Gogo Vacations, Casto.

Subsidiary of publicly traded Flight Centre Travel Group.

Looking Ahead

Reinventing customer system. Working with airline partners in preparation for NDC rollout.

Strong investment in sales, marketing, technology and product suites.

Acquisitions and investments in strategic markets and new products and services.

Further integration across the U.S., Canada and Latin America.

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