FlightCentre reported a 57 percent drop in profits for the first half of its fiscal year ending 31 December 2008, to A$26.1 million (US$18 million), despite "solid overall profit growth" in the corporate travel sector

Amid a "slowdown in global sales" that began in November and "continued into January and February," Australia's . The company expanded corporate travel operations in Canada, New Zealand, South Africa, the United Kingdom and the United States. Globally, it hired an additional "100 business development managers" for its FCm Travel Solutions and Flight Centre Business Travel brands to "win new accounts and to offset reductions in spend from existing clients."