Skyscanner reports aggressive revenue growth
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Skyscanner has recorded a 70 percent growth in revenue for the fourth quarter of 2010 compared to 2009. The search site has attributed the rise to its increase in international markets, including 328 percent growth in the Russian market. “Over the last year we have seen excellent growth in overseas markets,” said Gareth Williams, CEO of Skyscanner. “This is a key strategic goal. When we started Skyscanner we set out to make sure the site performs well at a global level from the outset – building comprehensive flight coverage in all European markets as well as solving the language and currency issues.” Dmitry Konovalov, the company’s country manager for Russia, added that more Russians are booking through online travel agents thanks to relaxed visa requirements.
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