FCTG corporate travel business returns to pre-coronavirus levels six months earlier than expected

16 November, 2022

Flight Centre Travel Group (FCTG) chairman Gary Smith stated (14-Nov-2022) FCTG's corporate business secured new accounts with an annualised spend of approximately AUD2.5 billion (USD1.7 billion) during FY2022, while retaining a high percentage of its client base. Corporate total transaction value increased 158% year-on-year to AUD5.6 billion (USD3.8 billion) and returned to pre-coronavirus levels on a gross basis in Jun-2022, six months earlier than anticipated. [more - original PR]