Flight Centre Group holds 25% investment in The Upside Company

8 April, 2019

Flight Centre Travel Group (FCTG) announced (07-Apr-2019) the company holds a 25% investment in The Upside Travel Company, being the largest individual shareholder. The parties entered a commercial deal covering cooperation on distribution initiatives to combine FCTG's corporate travel space with The Upside Travel Company's technical assets. As a consequence of the deal, The Upside Travel Company aims to improve its technology capabilities in the small and midsize corporate market. Additionally, FCTG aims to utilise The Upside Travel Company's technology platform to continue the digitalisation of its corporate traveller business. [more - original PR]