FLIGHT Centre Travel Group
(FCTG) South Africa has
consolidated its corporate
travel entities into the newly
created FCTG Corporate
Pty Ltd.
FCTG Corporate will
comprise Corporate Traveller,
Flight Centre Business Travel
and Stage and Screen.
Corporate Traveller deals
with travel for SMEs to large
businesses; Flight Centre
Business Travel specialises
in travel for small companies
(including start-ups) to
medium-sized businesses;
while Stage and Screen offers
services to the entertainment
industry.
Md of Flight Centre Travel
Group, Andrew Stark, points
out that over the last seven
years the company has
transformed, with corporate
travel making up a bigger
portion of the company’s
revenue. “In 2010, 95% of
our business was leisure, 5%
corporate,” he says. “In 2017,
60% of our business is leisure
and 40% is corporate.” He
adds that winning the Anglo
American account doubled the
size of FCM Travel Solutions
overnight. “In environments
like this, the only way you
grow is if you are stealing
market share away from your
competitors.” He says until
recently, BSP figures have
indicated a fairly flat market.
Danica Helfrich, senior
account manager at Big
Ambitions, speaking on behalf
of Flight Centre, says the
consolidation will not see any
changes to the companies,
and all will continue to
operate as usual.
Meanwhile, FCM Travel
Solutions, which was formed
in 2013 and specialises
in travel for large and
multinational companies,
will operate separately from
FCTG Corporate.
The creation of FCTG
Corporate allows for
the establishment of a
shareholder ownership trust
for black women employees,
which will benefit over 200
of the travel company’s
black female staff. The
trust will own 30% of FCTG
Corporate.
Flight Centre grows corporate, establishes new entity
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