Flight Centre in the news

Discussion in 'Travel News' started by QF WP, Jun 30, 2006.

Thread Status:
Not open for further replies.
Welcome to Australia's leading independent Frequent Flyer and Travel Resource!
Our site contains tons of information that will improve your travel experience.
Joining AFF is fast, simple & ABSOLUTELY FREE -  join now by clicking on the JOIN NOW button, and take immediate advantage of these great BENEFITS.
Once registered, this box will disappear. And you will see fewer advertisements :)
  1. QF WP

    Moderator

    Jun 20, 2002
    15,249
    7,159
    Brisbane
    Flight Map:
    View my flight map
    Twitter:
    Facebook:
    Linkedin:
    Flight Centre, whose value has dropped dramatically because it is too reliant on bricks and mortar travel agencies, has taken the fight to online travel retailer Wotif.com by boosting its own online booking site, quickbeds.com....
     

  2. bambbbam2

    bambbbam2 Active Member

    Feb 13, 2005
    857
    1
    Perth, WA
    Maybe it's ignorance, but I never could understand the appeal of mass TA's.. everyone I know was buying up the shares a few years ago, but I still don't know why :confused:

    Did they think the internet was just a fad that we would all quickly tire of, and go back to bricks and mortar branches? :confused:
     
  3. QF WP

    Moderator

    Jun 20, 2002
    15,249
    7,159
    Brisbane
    Flight Map:
    View my flight map
    Twitter:
    Facebook:
    Linkedin:
    Maybe there was a misunderstanding of the market. These days, people are learning that they can book their own tickets for simple itineraries and thus the airlines bypass having to pay the (lowering) commissions.

    There will always be a market from some pax for face-to-face meetings with TA's (complex itineraries, group tours etc), but I hazard a guess that it will continue to slowly shrink over time.

    Rather than sink with the ship, FC are finally diversifying their portfolio by harnessing the internet and the small margin but low cost transactions that it provides.
     
Loading...

Share This Page