Flight Centre
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Company type | Public (ASX: FLT) |
---|---|
Industry | Travel |
Founded | 1982; 42 years ago |
Headquarters | Brisbane, Queensland, Australia |
Area served | Australia, New Zealand, the United Kingdom, Canada, the United States, the United Arab Emirates, South Africa, Hong Kong, Singapore, India and China |
Key people | Graham 'Skroo' Turner (Managing Director) [1] |
Revenue | A$2.36 billion (2015) |
A$257.0 million (2015) | |
Number of employees | approx 18,500 (2015)[2] |
Subsidiaries | Olympus Tours |
Website | flightcentre.com |
Flight Centre Travel Group[3] (FCTG) is the largest retail travel outlet in Australia. The company was founded in 1982, and is headquartered in Brisbane, Australia. The company is listed on the Australian Stock Exchange, has an annual turnover of more than $20 billion and employs more than 20,000 people worldwide.
FCTG has approximately 2,800 shops and businesses under various retail and corporate brands. It has fully owned operations in Australia, New Zealand, United States, Canada, United Kingdom, South Africa, Hong Kong, India, China, Singapore, United Arab Emirates and Mexico. FCTG has licensee arrangements in a further 80 countries under the corporate brand, FCM Travel Solutions.[4]
In the United States, Liberty Travel and GOGO Vacations are the retail and wholesale brands respectively. Specialty corporate brands include StudentUniverse, Worldwide Traveler, Travel Associates, Corporate Traveler, ciEvents, Campus Travel and Stage & Screen. The Nth American headquarters is located in Montvale, New Jersey. Other US office locations include New York, Los Angeles, Boston, Philadelphia, Washington DC, Chicago, Atlanta, Miami, Denver, Dallas, Austin, Houston, Phoenix, Seattle, San Francisco, Santa Clara and San Diego.
History
- 1981,[5] Co-founded by Graham Turner and Geoff Harris.
- 1982, the first Flight Centre Australia store opened in Sydney with assistance from Bill James, who now runs Flight Centre Foundation.[6][7]
- 1995, Flight Centre UK opened.[8]
- 1995, Flight Centre Canada opened. [9]
- 1999, United States operations recommenced with the company purchasing Liberty Travel in 2008.[10]
- 2015, FCTG purchased the US-based StudentUniverse.com[11] and Brisbane-based BYOjet.com in December.[12]
- 2017, FCTG invested $7 million to take a 24.1 percent stake in Bibam, an Argentinian travel technology company. [13]
References
- ^ "Board Profiles". Flight Centre Limited. Retrieved 17 August 2015.
- ^ "Annual Report 2011" (pdf). Flight Centre Limited. Retrieved 17 June 2012.
{{cite web}}
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suggested) (help) - ^ "Flight Centre Travel Group Limited". Flight Centre Travel Group Limited. Retrieved 10 January 2017.
- ^ http://www.fctgl.com/sites/fctgl.com/files/150918%20FY15%20FLT%20Annual%20Report.pdf
- ^ Pip Coates, 'To Have And To Hold: Geoff Harris. Worth: $975 million. Rank: 40', The Australian Financial Review Magazine, July 2014, p. 22
- ^ http://www.kokodatrackfoundation.org/board-of-directors.aspx
- ^ "Flight Centre". Flight Centre Limited. Retrieved 17 August 2015.
- ^ André Sammartino (2007), 'Retail’, in Dick, H. & Merrett, D. (eds.), The Internationalisation Strategies of Small-Country Firms: The Australian Experience of Globalisation, Edward Elgar: Cheltenham, UK, pp.175–194.
- ^ "Canada". Flight Centre Travel Group Limited. Retrieved 4 May 2017.
- ^ "Liberty Travel". Flight Centre Limited. Retrieved 17 August 2015.
- ^ "StudentUniverse Acquired By Flight Centre Travel Group | Business Wire". www.businesswire.com. Retrieved 10 January 2017.
- ^ "Media Releases". Retrieved 1 August 2016.
- ^ "Flight Centre Invests $7 Million for Stake in Leading Argentinian Booking Site".
External links
- Use dmy dates from April 2013
- Travel agencies
- Travel and holiday companies of Australia
- Travel and holiday companies of the United Kingdom
- Travel and holiday companies of the United States
- Travel and holiday companies of Canada
- Companies based in Brisbane
- Retail companies established in 1982
- Australian companies established in 1982
- Transport companies established in 1984