Posted August 17, 2017
Billy McDonough

INTERVIEW: FCM President For The Americas Billy McDonough

The Beat caught up with FCM Travel Solutions president for the Americas Billy McDonough to discuss FCM's growth ambitions, acquisitions and technology. An edited transcript follows. Read More »
Posted November 10, 2016

Flight Centre's Corporate Unit Taps Into Flight Disruption Startup Freebird

Flight Centre Travel Group's corporate travel division partnered to incorporate Freebird's flight disruption and rebooking service as an option for customers in the United States. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted September 7, 2016

Serko Sees Early Interest In Integrated Small Business Offering, Plots Expansion

New Zealand-based corporate travel and expense technology provider Serko is reporting that its new Serko.travel platform has garnered early interest in launch markets Australia and New Zealand. CEO Darrin Grafton is plotting an expansion of the integrated travel management technology platform for small and midsize businesses to other markets, including the United States. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted August 27, 2015

Riding Corporate Strength, CTM And Flight Centre Take Different Paths To Record Fiscal Years

Fueled by a flurry of acquisition activity, travel management company Corporate Travel Management on Wednesday reported significant growth in transaction volume, revenue and earnings for its fiscal year ending June 30. More established and much larger, travel agency conglomerate Flight Centre also reported a record fiscal year ending June 30—but "without significant acquisitions," it reported. Both Australian agency operators saw strength in the U.S. corporate market and claimed client wins there. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted February 25, 2015

Australia's Acquisitive CTM To 'Keep Buying Until We Die'

Australia's Corporate Travel Management this week told investors to expect further acquisitions in the U.S. market, or in the words of managing director Jamie Pherous, "We could keep buying until we die—and that's our plan." Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted August 28, 2014

Aussie TMCs 'Starting To Get A Bit Of Fun In America'

The two big Australian corporate travel players have been growing their U.S. operations at pretty decent clips. Conveniently, Corporate Travel Management and FCm Travel Solutions parent Flight Centre, both publicly traded, this week reported fiscal-year 2014 earnings. Read More »
Posted by: David Jonas | More by David Jonas
Posted February 26, 2014

Australia's CTM Claims To Be Winning More Accounts From Mega TMCs

Australia's Corporate Travel Management in recent years has pursued acquisitions in an effort to build a footprint competitive with the world's largest corporate agencies. Reporting another set of strong financial metrics for the fiscal half ending Dec. 31, executives on Wednesday discussed rapid progress in integrating U.S. acquisitions and sounded quite bullish on its prospects in Asia following the purchase of most of Westminster Travel. Read More »
Posted by: David Jonas | More by David Jonas
Posted August 27, 2013

U.S. Corporate Travel Supports Flight Centre's Record Results

Australian travel conglomerate Flight Centre reported "record" results for its fiscal year ending June 30, 2013, including record earnings before interest and tax in Australia, the United Kingdom, the United States, Singapore and Greater China. Its U.S. corporate travel business in particular has been expanding rapidly and is set for additional growth. Read More »
Posted by: David Jonas | More by David Jonas
Posted February 26, 2013

Flight Centre: U.S. Corporate Travel Is 'Major Growth Opportunity'

With "accelerating corporate travel growth" as a top company priority, the corporate travel operation of Australia's Flight Centre in the United States is expanding organically to 15 cities. Read More »
Posted by: Jay Campbell | More by Jay Campbell
Posted August 28, 2012

Flight Centre Posts Record Profits On Corporate Travel Strength

The 2011-12 fiscal year for Australia's Flight Centre Limited was the strongest in its history. The travel conglomerate reported record global sales and profits, which "comfortably surpassed 2010-11 records," and record performance in six of its 10 operating countries, including the United States. Read More »
Posted by: David Jonas | More by David Jonas
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