ct-melon-hw-hfy-results.png

Flight Centre Travel Group delivers profit growth and record TTV

Flight Centre Travel Group (FLT) has delivered a $124.6m underlying profit before tax (UPBT) for the half year ended December 31, 2025.

FLT's corporate division delivered another record 1H, with TTV reaching new highs and reinforcing the Corporate Traveller and FCM brands' scale and strength.

Comments by Chris Galanty, Flight Centre Travel Group, Global Corporate CEO:

“The standout story is productivity. Transaction value per employee across our flagship brands, FCM Travel and Corporate Traveller, is up almost 20 per cent since the first half of FY24.

“Our profit growth has comfortably exceeded our transaction value growth – clear evidence we're achieving genuine scale efficiencies.

“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.

“This allows us to automate the ordinary to deliver the extraordinary to our customers, who are the ultimate winners when it comes to our innovation and advancements across our corporate businesses, as we base many of our improvements on consultations with them as partners.

“The corporate travel industry is consolidating rapidly. New entrants are disrupting traditional models. Economics is shifting. This creates opportunity for well-positioned players – and we're capitalising on it with a robust pipeline of new accounts and strong retention.

“We've launched AI tools that handle routine enquiries while our consultants focus on what they do best: solving complex travel challenges. This isn't AI replacing people. It's automating the ordinary to deliver the extraordinary.

“Our Melon and FCM platforms now integrate customer-facing and operational technologies, creating a seamless experience that combines the speed of automation with the personal touch clients demand.

“We're expanding into higher-margin services beyond flight and hotel bookings. FCM generated approximately 10 per cent of global revenue this half from meetings and events, payments, and consultancy – solving broader business problems for clients.

“We enter H2 with strong momentum, improving margins, and multiple growth levers. Industry consolidation is creating opportunities. Our productivity initiatives are gaining traction.

“The corporate travel landscape is transforming rapidly. FLT's combination of scale, service culture, and technological capability means we're not just navigating – we’re leading.”

Comments by Terence Blokker, CFO NZ, Flight Centre Travel Group New Zealand:

“Flight Centre Travel Group New Zealand has delivered a positive first half for FY26.  

“Corporate Traveller New Zealand has seen a standout result in the first half of the financial year, securing new business and maintaining high business retention rates. FCM NZ continues to contribute to our corporate arm’s strong overall performance. 

“Flight Centre Travel Group New Zealand was proud to also be recognised once again as a certified Great Place to Work. This is a testament to our culture and our people, who are passionate about travel and delivering outstanding travel experiences for our customers. 

Read the full ASX announcement