Aviate flies towards £93m revenue mark
Flight consolidator Aviate, based in Ellesmere Port in Cheshire, has recorded its strongest ever January sales, with double-digit growth in ticketed income, as it heads towards the £93m revenue mark.
The company has enjoyed a 55% increase in ticketed sales year on year for the first seven months of its financial year to the end of January 2018.
Aviate has reported a constant upward trend in sales. In 2014/15, the company worked with 10 airlines, generating £21.2m revenue. In 2015/16 and 2016/17, revenue was at £38.7m and £60.7m respectively.
Now the company works with 50 major airlines and is on schedule to generate £93m revenue in 2017/18.
Michael Edwards, managing director of Aviate, said: “We have already signed some major contracts with new airlines in early 2018 and we have a host of developments planned for the business this year, so I’m confident that we will continue to see growth in sales and turnover.”
Aviate’s sister company Lime, which provides a search, booking and ticketing service to the UK travel trade seeking British Airways tickets, saw revenue from ticket sales grow by 27% in the first four months of their financial year to the end of January 2018, with the company tracking as forecasted to turnover £105m for the financial year.