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Flight Centre Limited ventures into India leisure travel segment

Released on: December 19, 2007, 10:31 pm

Press Release Author: Flight Centre Limited

Industry:

Press Release Summary: Flight Centre Limited is Australia\'s most popular travel
provider. The company has over 1500 stores across nine countries. It has a strong
presence in India through its corporate division called FCm Travel Solutions and is
now entering leisure travel segment in the country as well.

Press Release Body: New Delhi, December 19, 2007: Global travel retailer Flight
Centre Limited has boosted its presence in India by expanding into the country's
emerging leisure travel sector. The company, which operates successfully in India
through its corporate travel business FCm Travel Solutions, has today opened its
first leisure travel shop in the country. The shop is located in New Delhi and will
trade under the Flight Shop banner.

Flight Centre Limited's Global Managing Director Graham Turner said that entry into
the Indian leisure travel market represented the company's first international
expansion in the leisure sector since opening in the United States in 1999.
"Developing a presence in India is a small and strategic investment for Flight
Centre Limited." Mr. Turner said.

"We see potential to provide a valued service to the leisure travel market and to
build on the success we have experienced in the corporate travel sector in the
country. With the Flight Centre name unavailable in India, the Flight Shop branding
appropriately conveyed the company's services to the Indian market." Mr. Turner
said. The Flight Shop outlets will operate alongside the FCm Travel Solutions
business, which is headed by Rahul Nath. FCm's Vice President, Gaurav Luthra will
head the leisure operation.

According to Mr. Luthra, "Visitors to Flight Shop could expect excellent holiday
bargains, with the expert consultants arranging everything from airfares,
accommodation and package holidays to car hire and visas. The Flight Shop's expert
service will be backed by a value proposition of 'Our Perfect Holiday Promise -
enjoy the holiday you paid for or we'll give you a Rs. 1500 voucher'", Mr. Luthra
said.

After starting out with just one store 25 years ago, Flight Centre Limited has
enjoyed remarkable growth. In its most recent full-year result announcement to the
Australian Stock Exchange, the company revealed record sales and profit figures.


Web Site: http://in.fcm.travel

Contact Details: Flight Shop,
MGF Metropolitan Mall,
Shop No - GF 28,
Saket District Centre,
New Delhi
Ph: 011-40566969-77

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