Tag Archives: Flight Centre Travel Group

Flight Centre opens first Flight Shop store in Surat

Flight Shop, the leisure brand of Flight Centre Travel Group (FCTG), Australia, in India opened its first retail store in Surat and second franchise outlet after Hyderabad. With the launch of this store, FCTG, Australia now has 17 operational Flight Shop stores across India. Spread over 1100 sq. ft., the Flight Shop outlet in Surat is based in VIP High Street, and will cater to the needs of up market urban consumers – families, business travellers, honeymoon couples and groups of travellers. Shravan Gupta, Executive Director – Leisure Businesses, FCM Travel Solutions India (the Indian arm of Flight Centre Travel Group, Australia) said, “Over the last few years, Surat has grown to become one of the fastest developing cities in the country with constantly rising travel demands of two to three trips in a year per household. As an affluent market driven by diamond and textile merchants, Surat is one of the highest contributors to the GDP amongst other emerging metros such as – Jaipur, Vishakhapatnam and Lucknow.” Flight Shop stores are spread across Mumbai, Delhi, Chandigarh, Jalandhar, Ahmedabad, Vadodara, Pune, Bengaluru, Hyderabad, Kochi and via a combination of owned branches and newly opened franchise outlets. FCTG, Australia plans to open 50 more Flight Shop stores across the country in the next two to three years.

Read More »

FCM receives Authorised Dealer Category II license from RBI

FCM Travel Solutions, the Indian subsidiary of Flight Centre Travel Group, Australia, can now undertake various permissible outward remittance activities for travellers across segments(leisure travel, business travel, medical treatment, education, emigration and employment).The upgrade comes into effect post receiving the Authorised Dealer Category II (AD-II) license, as granted by the Reserve Bank of India. In addition, FCM Travel Solutions will be able to release/ sell foreign currency in form of multi-currency prepaid travel cards, currency notes and Travellers Cheques for visas, emigration and emigration consultancy fees, employment and processing, assessment fees for overseas job applications, students who intend to study overseas or seek to apply for proficiency examinations, international film shootings and medical treatments abroad. Gagan Malhotra, National Head, Foreign Exchange at FCM Travel Solutions India Pvt. Ltd. said, “We are pleased to be a part of the few AD-II license holders in the travel fraternity. The elevation not just widens the scope of availability of foreign exchange through different channels but also makes the pre-trip process more convenient and hassle-free for our customers. It will also help us seek better currency rates.”

Read More »

1st Flight Shop store opens in Hyderabad

Flight Shop, the flagship retail leisure business of Australia-headquartered Flight Centre Travel Group, opened its first retail store in Hyderabad. This is the first franchise outlet in India and was inaugurated by Rakshit Desai, Managing Director, FCM Travel Solutions and Shravan Gupta, Managing Director, Travel Tours Group. With the launch of this store, FCM now has a total of 17 operational Flight Shop stores across India. Spread over 1500 sq. ft., the Flight Shop outlet in Hyderabad is based at a prime location at Nagarjuna Circle catering to the needs of up market urban consumers – families, business travellers, honeymoon couples and groups of travellers. The new retail outlet will offer travellers Flight Shop’s range of products and services viz., Leisure Travel (Domestic and International Flights, Holidays – Group and Customised, Hotels, Car Transfers, Visa, Cruise holidays, honeymoon holidays, adventure holidays and more) and Foreign Exchange (under the Travel Money brand). Flight Shop’s footprint now extends to a total of 17 stores across Mumbai, Delhi, Pune, Bengaluru, Ahmedabad, Chandigarh, Jalandhar, Kochi and Vadodara, via a combination of owned branches and the newly opened franchise outlet.

Read More »

FCM Travel acquires business interests of Travel Tours Group

FCM Travel Solutions, the Indian arm of the Australia–headquartered Flight Centre Travel Group (FCTG), announced an agreement to acquire the business interests of South India’s premier travel company, the Rs 750 crore Travel Tours Group (TTG), in a cash and stock deal. Led by Shravan Gupta, TTG is a four decade old company offering a gamut of travel services including leisure, corporate travel, MICE, Visa, inbound, wholesale and FOREX. Commenting on the acquisition, Rakshit Desai, Managing Director, FCM Travel Solutions said “We are thrilled to welcome TTG into the Flight Centre family.  This partnership propels us into an Rs 3,000 crore enterprise and one of the top three players in all the core travel segments we operate in. India is poised to become one of the world’s major travel markets and this partnership will enable us to achieve our goal of being the largest customer focussed travel player in the country.” Shravan Gupta, Managing Director, Travel Tours Group, who joins the board of FCM and assumes leadership of the leisure business said, “We are very excited to be a part of the Flight Centre group and confident that our combined strength will help achieve our ambitious growth plans at a much faster pace. I’m personally looking forward to leading the leisure business, sharing insights and product knowledge, as well as gaining from the global best practices of the Flight Centre group”. The combined strength will give FCM India a national distribution network and strong leadership across businesses and functions. Upon successful acquisition, FCM India will employ over 1,600 travel professionals across 44 locations in 16 cities. The partnership will bring on-board TTG’s brands, that include – Travel Tours, Travel Air, …

Read More »

Flight Centre Travel Group launches FCM Incoming in India

Australia-headquartered Flight Centre Travel Group (FCTG) has expanded its portfolio in India with the launch of FCM Incoming focusing exclusively on inbound travel. FCM Incoming will focus on leisure travel experiences in and around the Indian subcontinent, including Nepal, Sri Lanka and Bhutan. Prashant Narayan has been appointed as Country Head, FCM Incoming. He will be responsible for brand expansion with a specific focus on building inbound holiday solutions for individual and group requirements of leisure travellers. FCM Travel Solutions and Flight Shop MD India Rakshit Desai said, “FCM Incoming has been launched to delve into the potential of the Indian subcontinent as an inbound market, and showcase the regions rich offerings to a global audience.” Narayan joins FCM Incoming with an experience of over 22 years within the service industry. Prior to this, he was associated with Thomas Cook as COO-inbound business and was also a member-executive committee of Thomas Cook (I) Ltd.

Read More »