Travel Innovation Group on target for £200m turnover
Flight consolidator Aviate has reported a 32 per cent increase in revenue, turning over £80 million in the past year.
The company's success puts parent company Travel Innovation Group on target for achieving a turnover of £200 million for 2017/18.
Cheshire-based Aviate enjoyed a 50 per cent increase in ticket sales in 2017/18, marking the firm's third consecutive year of growth.
"It's fantastic to see Aviate continue to show impressive growth year on year," said Michael Edwards, managing director of Travel Innovation Group.
"We've continually worked hard to ensure we’re enhancing our offering for our clients to ensure they’re getting the very best service."
Aviate credits its continued growth to additional partnerships with major airlines, the restructuring of its lead generation team and new business streams.
This includes the launch of Aviate Journeys, which will provide the platform for Aviate to form long-term partnerships with passionate travel individuals and business owners.
Aviate's sister company Lime, which provides a search, booking and ticketing service to the UK travel trade seeking British Airways flights, has also enjoyed a 27 per cent increase in ticket sales year on year for the first nine months of its financial year.
Edwards added: "There have been a number of innovations we’ve made this year, which have been instrumental to Aviate's financial success for the last 12 months.
"We've still got lots of new products we're planning to launch into the market during the remainder of 2018, so we’re looking forward to seeing what the next 12 months will bring."