USX:FGETF - Flight Centre Travel Group Ltd Flight Centre Travel Group Lim
Sector: Consumer Discretionary, Industry: Hotels, Resorts & Cruise Lines
Next Earnings: 30 Aug 2024
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USD 14    +0.0 (+0%)

27 Jun 2024


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General

CEO: Mr. Graham F. Turner

Headquarters: US

Employees: 13,065

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Description

Flight Centre Travel is one of the largest travel agencies in the world. The group generates just over 50% of its total transaction value, or TTV, from the corporate market, just under 50% from the leisure market, and the rest from ancillary travel-related activities. In corporate travel, Flight Centre is a global Top 4 player operating in over 100 countries, with different brands catering to various customer segments (small and midsize businesses to large enterprises). In leisure, Flight Centre operates a network of over 550 shops generating 70% of the leisure TTV, online channels generating just under 20%, and the rest from independent agents. Over half of group TTV is generated in Australia and New Zealand, 20% from Americas, just under 20% from Europe, and the rest from Asia.

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