A North West-based entrepreneur is celebrating success following a 32 percent increase in revenue, and a turnover of over £80m in the past year for his innovative flight consolidation business.
The latest figures represent a key milestone for Michael Edwards, the Managing Director of flight consolidator, Aviate, after he chose to leave further education and dive straight into the hotel industry. He started his career in the kitchen, before progressing to front of house, and finally into management.
Working in management eventually lead to Michael’s own ambitions of starting his own business, with the end result being the thriving Travel Innovation Group, made up of flight consolidators, Lime and Aviate, as well as software development company Calrom.
As well as an increase in revenue and turnover, the company also exceeded its sales targets for the 2017/18 financial year, with a 50 percent increase in ticket sales in comparison to 2016/17, and 2017/2018 marks the third consecutive year that Aviate has enjoyed a sizeable growth across all areas of the business.
The company credits its continued impressive growth to additional partnerships with major airlines, the restructuring of their lead generation team, and new business streams, including 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 percent increase in ticket sales year on year for the first nine months of its financial year.
Michael Edwards, Managing Director of Travel Innovation Group, said: “It’s fantastic to see Aviate continue to show impressive growth year on year. We’ve continually worked hard to ensure we’re enhancing our offering for our clients to ensure they’re getting the very best service.
“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.”
Aviate’s success in 2017/18 puts the Travel Innovation Group on target for achieving a turnover of £200 million for 2017/18.
"Its fantastic to see Aviate continue to show impressive growth year on year. Weve continually worked hard to ensure were enhancing our offering for our clients."
Michael Edwards, Managing Director
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