Aviate on track to grow revenue
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Flight consolidator Aviate has reported strong growth figures for 2017, with revenue forecast to increase by 55%.
The company attributes its success to a number of innovations launched last year, including Aviator Club, a rewards offering for tour operators.
The company also added 26 new airlines to its product portfolio, contributing to further growth.
To support the business’ growth, it has been on a recruitment drive, increasing headcount from 138 to 209. This saw the introduction of a new lead generation team in August, bringing in 69 new clients in September and a further 78 in October.
The company is also supporting future talent in the industry, with the introduction of an apprenticeship scheme earlier this year.
Michael Edwards, managing director of Aviate, said: “2017 has been a great year for Aviate. We’ve had some really exciting developments, from a product and business perspective, which have enabled us to carve out a strong performance for the year.
“Our new products are starting to make an impact on the market and driving strong results for the business. October was our busiest month to date, with 10,500 tickets issued versus 5,500 in October 2016”
In 2014, Aviate 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 main airlines and is on schedule to generate £94m revenue in 2017/18.
For more information visit, www.aviateworld.com.
