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Flight Centre Travel Group releases its half-year FY25 results to the ASX
26 February 2026 – Flight Centre Travel Group (ASX:FLT) has released its half-year results to the Australian Securities Exchange. Please click here to view the full announcement.
FLT has achieved an AUD$117 million underlying profit before tax (UPBT) for the 2025 fiscal year first half - the result represents a seven per cent year-on-year growth.
The corporate business delivered a two per cent increase on its strong FY24 H1 Total Transaction Value result and a four per cent UPBT increase to AUD$96 million during a short-term period of consolidation while the business embedded Productive Operations initiatives to help unlock a new era of more profitable growth.
Comments by Victoria Courtney, Managing Director, Flight Centre Travel Group New Zealand
“Flight Centre Travel Group New Zealand has delivered a strong first half of the financial year in challenging conditions. Both leisure and corporate travel demand have remained steady despite global uncertainty and the ongoing high cost of living.
“The corporate arm of our business has been a standout performer. Our corporate brands—FCM and Corporate Traveller— have been successful in securing new business and maintained strong business retention rates, demonstrating the value of our tailored corporate offerings.
“In the leisure space, Flight Centre has recently opened a new store in Rangiora and another new store opening is planned in the next six months. Travel Money NZ is going through rapid expansion, now operating from 11 locations, with more stores planned including a new store opening in Auckland’s Queen Street next month.
“Our Independent pillar has undergone significant change, most notably the launch of Envoyage last August. This new brand, dedicated to travel entrepreneurs, has seen strong member growth in its early months and is well positioned to continue expanding as more travel professionals seek autonomy with support.
“Our luxury brand, Travel Associates NZ, has been on a significant recruitment drive with around 50 per cent of consultants having joined the brand in the last year. This will continue in the next six months as more consultants look to align their business in the luxury travel space.
“While the cost of living and other global events impacted long-haul travel demand in Q2, we've continued to see strong demand for Trans-Tasman travel, and destinations such as Thailand and Indonesia where the Kiwi dollar offers greater value.
“Looking ahead, we’ve seen an increase in customer demand for travel in early 2025 following our New Years sales. We’re looking forward to building on the first half of the year and continuing to deliver exceptional experiences for corporate and leisure travellers.”
Comments by Chris Galanty, Global Corporate CEO, Flight Centre Travel Group:
“The corporate pillar of Flight Centre Travel Group has once again achieved a record Total Transaction Value (TTV) of AUD$6 billion in the first half of the fiscal year, taking overall recovery versus pre-COVID to over 140 per cent, in a sector that has not yet returned to pre-pandemic activity levels.
“One of the key drivers of this is the significant investment in our Productive Operations initiative to enhance the customer experience to unlock a new era of profitable growth. This, combined with our leveraging of AI, will deliver a forecast 15-20 per cent of productivity gains between FY24 and FY26.
“With Productive Operations, we’re building a single global operating system for both of our flagship brands that drives every activity through the right channel. This will lower costs, grow income, and delight customers through personal service and automation.
“When it comes to AI, our global Centre of Excellence continues to thrive and is at the very heart of the transformation we’re undertaking to automate the simple so that our people can do what they do best, offering excellent service before, during, and after a transaction.
“Looking ahead, we have a solid pipeline of new account wins coming on board to fuel future TTV growth, with over AUD$800 million worth of wins in the financial year to date with for FCM Travel.
“As for SME-specialist business Corporate Traveller, it has secured a large volume of smaller accounts, with our new client ‘stick rate’ aided by our rapid onboarding and follow-up.
“Our goal is for on-going growth and we’re doing this by successfully targeting specialist sectors, with Stage, Screen & Sports eyeing expansion opportunities under a new leader – with FCM Meetings & Events also having successfully re-launched globally, with further expansion coming soon.
“With Corporate Traveller’s Melon platform growing exponentially in the Northern Hemisphere, a continued increase of self-service through the FCM Platform and our investments in Productive Operations and AI, we’ll see even greater efficiency in the future.”
