Flight Centre (FLT)

Shares / Stock Code

FLT

Stock Exchange / Sharemarket

Australian Securities Exchange

Flight Centre (FLT) is one of the largest independent retail travel group in Australia principally focused on the sale of travel and travel-related services and products. FLT listed on the Australian Stock Exchange on 1st December, 1995. During the fiscal 2008, the Company’s primary focus was on the sale of travel at both domestic level and worldwide. The Company’s flights, hotels, holidays, car hire, insurance, cruises, rail passes, travel insurance, coach tours, visas, traveler's checks and frequent flyer points redemption are managed by its consultants. Its call center is engaged in the provision of 24-hour service to facilitate its clients. On January 21, 2008, FLT acquired a 50% interest in a recruitment business based in Brisbane, the Employment Office Australia Pty Ltd. On January 31, 2008, Flight Centre (USA) Inc., which is a subsidiary of Flight Centre Limited, completed the acquisition of the equity of Liberty Travel Inc., a United States based travel agency group. On August 1, 2008, the Company entered into a joint venture agreement for an adventure travel with Melbourne-based operator, Intrepid.

FLT mainly operates in Australia with about 900 stores in operation. The Company is also making a strong presence in international markets. It has 179 outlets in New Zealand, 181 outlets in UK, 152 outlets in Canada, 133 outlets in South Africa, 31 outlets in US, 15 outlets in Hong Kong, 14 outlets in China and 13 outlets in India.

Flight Centre History

FLT origins can be traced back to Top Deck Travel, a UK bases company established in 1973, with Graham Turner and Bill James being the founders of the Company. In 1980, the Company opened a London-style discount travel centre in Sydney, Australia and commenced operations. FLT listed on the Australian Stock Exchange in December 1995. Since its listing the Company has experienced a strong growth in terms of both organic growth and acquisition activity.

Flight Centre (FLT) Products and Services

  • International and domestic travel and tour agents

Flight Centre Competitors

  • Qantas
  • Jetset Travelworld
  • S8
  • Webjet
  • Trailfinders (UK)

Flight Centre (FLT) Locations and Subsidiaries

Flight Centre Head Office
Level 13, 316 Adelaide St
Brisbane QLD 4000
Phone: (07) 3032 9012
Fax: (07) 3102 5148

Flight Centre Subsidiaries

Flight Centre (UK) Ltd
The Flight Shops Inc - Canada
Flight Centre (Queensland) Pty Ltd
Group & Conference Travel Pty Ltd
Flight Centre (USA) Inc
Great Holiday Escape Pty Ltd
Infinity Holidays Pty Limited
Discount Flight Specialists Inc
Publishing Pty Ltd
Flight Centre (South Africa) (Pty) Ltd
Flight Centre (New South Wales) Pty Ltd
Flight Centre (NZ) Ltd
Merchandising Pty Ltd
Retail Detail Pty Ltd
Australian Opco Pty Ltd - t/a FCm Travel Solutions; Flight Centre
Flight Centre (PNG) Ltd
Flight Centre (Victoria) Pty Ltd

Other Flight Centre Details

Flight Centre Year Established: 1981
ACN: 003 377 188
D-U-N-S: 758528079
ABN: 25003377188

Flight Centre (FLT) Share Price

Submitted by ASX Listed Company on 3 November, 2008 - 06:50

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