SYDNEY--Australia's Corporate Travel Management stood down the boss of its U.K. operations and said it will reverse more than US$100 million in previously recognized revenue after a change in auditor ...
The questions for the ASX-listed travel giant comes as it attempts to hold down lucrative government accounts and resolve its long-running financial issues.
A leading analyst has demanded answers after a major Australian travel company revealed it has to repay $162m it overcharged clients while its UK boss stood down.
The UK government launched an urgent investigation into Corporate Travel Management (CTM) after discovering significant ...
Corporate Travel Management revealed on Friday major accounting errors to the tune of some $105 million with repayments owed to a "small number" of UK-based customers.
Litigation funders are examining the Corporate Travel Management overcharging scandal, with any legal claim likely to involve ...
The business travel agent has revealed more issues that are likely to lead to a negative restatement of earnings stretching ...
A Labor Senator has called out the auditor of the Australian travel company which overcharged clients $162 million, warning ...
Corporate Travel Management, is embroiled in an overcharging scandal potentially worth more than $100 million.
(Reuters) -Alphabet-owned Waymo on Wednesday rolled out "Waymo for Business," a corporate program that lets companies set up accounts so employees can hail its robotaxis in Los Angeles, Phoenix, San ...
American Airlines sees a bit more financial turbulence in the months ahead. The carrier told investors today it expects to be in the red this quarter, blaming higher labor costs and lower than ...
India is a strong source market for business travel. To cater to this robust market, online travel companies in India are diversifying their offerings. Corporate travel in India is booming – spending ...
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