Flight Centre Travel Group Corporate improves BEE rating

2820

Flight Centre Travel Group’s newly formed company FCTG Corporate (Pty) Ltd – comprising Flight Centre Business Travel, Corporate Traveller and Stage & Screen – has for the first time achieved a level four BEE rating. This subsidiary of Flight Centre Travel Group was launched earlier this year to consolidate the remainder of the group’s corporate travel brands under one roof.

Flight Centre Travel Group has created a 30% black women employee shareholder ownership trust for black female staff of the entire group.

A similar shareholding scheme for FCM Travel Solutions last month saw the company distribute R310, 000 ($23,894) among 17 employees who are part of the scheme.

Flight Centre Travel Group South Africa last year achieved an annual turnover of over R5.4-billion ($417m) in sales, changing its name to Flight Centre Travel Group to reflect the growth and extent of its diversified brands across the three pillars of leisure, corporate and wholesale.