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Flight Centre Travel Group Acquires Iglu Online Cruise Agency

12.12.25 | Open Jaw

Flight Centre Travel Group (FCTG), parent company of Canadian leisure brands Flight Centre, Envoyage, and Laurier du Vallon, has acquired Iglu, the UK’s leading online cruise agency and operator of Iglu Cruise, Planet Cruise and Iglu Ski. The acquisition significantly expands FCTG’s global cruise footprint and reinforces the company’s position as one of the world’s most powerful travel groups.

With Iglu onboard, FCTG’s cruise-related TTV is expected to nearly double to more than $2 billion annually by FY26, driven by scalable technology, strong brand presence and deep sector expertise. Iglu’s industry-leading digital platform will integrate across FCTG’s leisure businesses, creating a unified, omnichannel cruise experience and supporting future expansion into key international growth markets.

Graham “Skroo” Turner, Managing Director of FCTG, said:

“This acquisition delivers immediate shareholder value through EPS accretion and is a game-changer in terms of the future opportunities it unlocks in the global cruise market. Iglu brings a strong brand and a scalable technology platform that aligns with FCTG’s strategic objectives.”

Iglu will continue to operate under its current leadership in the UK.

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