Flight Centre Travel Group, Americas
Gross sales lower in 2020: 36% to 40%
Workforce: 1,355

5 Paragon Generate
Montvale, NJ 07645
Cell phone: (855) 246-2213&#13

Executives

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PRESIDENT: Charlene Leiss
Chief Offer & Method OFFICER: John Beauvais
PRESIDENT, MEXICO & LATIN America Network: Maren Hanschke
Chief Expertise OFFICER, Corporate Makes: John Morhous
PRESIDENT, Company TRAVELER United states: Amanda Vining
PRESIDENT, FCM Journey Answers: Billy McDonough
VP, FINANCE: Prue Waters
PRESIDENT, LEISURE Manufacturers: Marc Casto

Corporation information

General public corporation with wholly owned operations in 23 nations and licensee network in far more than 90 nations around the world.

Host agency to almost 793 independent contractors. Sales split of 59% leisure, 38% company and 2% other.

Models consist of Company Traveler Solutions, FCM, Journey Associates, University student Universe, CL Situations, Flight Centre, Liberty Vacation, Gogo Vacations, Casto Journey.

Pandemic reaction

Australian mum or dad enterprise acquired or secured access to far more than AUD$1 billion in fairness and financial loans.

Diminished staffing and physical spots.

Accessed govt wage subsidy systems in Canada.

Lobbied Australian governing administration for journey organizations to be provided in stimulus bundle.

Realignment of U.S. leisure business enterprise includes the everlasting closure of approximately 100 Liberty Journey suppliers. The around 30 outlets to stay open are to grow to be “network hubs.”

On the lookout forward

Journey resumption is anticipated later on this calendar year, driven by the lifting of governing administration journey limitations, which are dependent on vaccinations.

Flight Centre expects “sizeable traction” by the stop of Q3. Leisure to rebound far more immediately thanks to more time reserving guide periods and pent-up need. Company journey to be delayed owing to ongoing concentration on obligation of treatment and realignment of companies necessitating vacation.

By Harriet