Flight Centre Travel Group, owner of TMC brands FCM and Corporate Traveller, has “continued to outperform” the global business travel market, with the total value of its corporate bookings reaching “new heights”, according to the company’s latest earnings report.
The Australia-based company said that its corporate travel brands achieved record TTV (total transactional value) of AU$6.3 billion (€3.8 billion), during the six months up to 31 December 2025, which was an increase of 6 per cent on the same period in 2024.
Flight Centre’s corporate business also “accelerated” earnings growth, with an underlying pre-tax profit of AU$114.6 million, up by 20 per cent from AU$95.2 million in the prior year.
Graham Turner, Flight Centre’s managing director, said in a statement: “Our results reflect our global model’s strength and our brands’ enduring value as we continue to evolve.
“Despite challenging conditions, demand remains resilient and we’re using our scale, people and technology to capture a growing market.”
In an earnings call, Turner added that its corporate travel business “continues to outperform the market”. He highlighted operational “productivity gains” achieved through the increased use of AI, as well as its expansion into areas such as payments, meetings and events, and consulting.
“In corporate, AI is already handling millions of enquiries and supporting more consistent service delivery across the group,” said Turner.
Chris Galanty, Flight Centre Travel Group’s global corporate CEO, also emphasised “streamlined processes” at its TMCs , which have helped to increase transaction value per employee by nearly 20 per cent in the past two years.
“Our profit growth has comfortably exceeded our transaction value growth – clear evidence we're achieving genuine scale efficiencies,” added Galanty. “This isn't about working people harder. It's about working smarter through AI-enabled tools and streamlined processes that free our consultants to focus on complex, high-value client work.”
Galanty said that its corporate brands in Asia had now returned to profitability, while Corporate Traveller in the US saw TTV increase by 13 per cent year-on-year “despite challenging local market conditions”, during the second half of 2025.
The company added that its corporate division had “secured a strong account pipeline”, including FCM winning around AU$600 million in contracts during the half-year. Flight Centre said it was also “well positioned to benefit from ongoing industry consolidation”.
Flight Centre executives were also asked during the earnings call about the impact of the “challenges” currently facing one of Flight Centre’s Australia-based competitors – referring to the problems faced by Corporate Travel Management over major accounting discrepancies, which led to the departure of CTM’s founder Jamie Pherous earlier this month.
Galanty responded: “I suspect that there may be some opportunities still to come, certainly in the Australian market. We don’t really come up against them very much in North America or Europe.”
Melissa Elf, who is FCM’s global managing director, added: “We’re not really seeing it in a global space, but certainly in Australia we’re starting to see a lot more RFP activity, a lot more enquiries and seeing a bit of conversion. There’s definitely a heightened activity over the past six months or so.”
Flight Centre Travel Group, which also includes a substantial leisure travel division, recorded a 7 per cent year-on-year rise in TTV to AU$12.5 billion during the six-month period, while underlying profit before tax increased by 4 per cent to AU$124.6 million.