Flight Centre sets sail to new horizons

Flight Centre Travel Group has bought the UK’s leading online cruise agency, Iglu, in a move aimed at speeding its growth in the cruise-sales area.

An insider describes that as a “high-potential, higher margin” sector.

With Iglu now on board, FCTG’s cruise-related total transaction value will almost double to surpass $2 billion during the financial year of 2026 — two years ahead of plan for that sort of growth.

A Flight Centre spokesperson says: “Sales at both FCTG and Iglu have increased 15 to 20 per cent year on year, driven by a resilient customer base and a supply chain that is investing heavily in new ships and partnerships.”

FCTG global leisure CEO James Kavanagh adds: “Iglu’s integration into our global leisure network is a pivotal step in our strategy to lead in high-growth sectors. Their market-leading technology and strong UK presence complement our existing brands and give us the ability to scale rapidly across multiple geographies.

“This acquisition and the technology it will give us access to will redefine how we deliver cruise experiences to customers worldwide.”