Flight Centre re-ignites holiday packages with new purchase

Fireworks or Explosives With Sparkling Lit Fuse

Flight Centre has taken a 49 percent stake in Gold Coast travel business, Ignite Travel Group, deepening its luxury packaged holiday offering.

Ignite Travel offers packaged luxury holidays along with exclusive discount travel vouchers and its own rewards and promotions programs.

The latest investment for travel giant Flight Centre means a broader range of products and services for travellers.

The investment will see a cut in the expected $100 million in transactions by Ignite Travel in the 2016/17 financial year.

No financial details have been given regarding the deal, other than that Flight Centre will fund its purchase through the use of its own cash reserves.

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