Helloworld completes its latest acquisition

Stylized vector illustration of two silhouetted businessmen shaking hands on a globe. Arrows suggest communication, trade, world finance. Faint gear designs in background. Very textured. Download includes Illustrator 10 eps, high resolution jpg and png file.

Helloworld are back at it again with the acquisitions.

The travel company announced in a statement on ASX it has completed its acquisition of web-based flight booking tech provider and skiddoo.com.au operator, Flight Systems.

The business is expected to make TTV of over $80 million in the 2018 financial year.

It comes just over a month after the completion of Helloworld’s acquisition of Magellan Travel Groupas part of the company’s strategy to improve its leisure and corporate technologies.

“We are delighted to welcome Flight Systems into the Helloworld Travel Limited family and look forward to the expended systems capability that will be available across the group’s retail and corporate distribution channels,” said Andrew Burned, Cheif Executive Officer, of Helloworld.

The travel company said in the statement that while consideration for the acquisition was not material, Flight Systems is an important strategic step in strengthening Helloworld Travel’s systems development capabilities.

The new technologies will benefit agents by allowing them to provide their customers with 24/7 bookability via their own branded portals, providing customers with more choice, and delivering greater efficiencies for all the Helloworld networks.

Since the beginning of 2017, Helloworld has completed four other acquisitions in its three operating divisions of leisure travel, corporate travel and wholesaling, including cruise data manager the Cruise Factory, wholesaler Seven Seas Cruising, home-based travel agency MTA and most recently Magellan Travel Group.

Latest News

  • Destinations
  • News

APT Launches 2025 Asia Adventures

APT has launched its Asia Adventures for 2025, including new luxury holidays in India, Sri Lanka and Japan. Five new tours lead guests to the highlights of India, including a seven-night cruise along the rarely travelled Lower Ganges aboard the Ganges Voyager. Further south, Sri Lanka’s greatest destinations are revealed on a new 15-day Land […]

  • Cruise
  • Luxury
  • News

Seabourn announces Western Kimberley Traditional Owners as Godparents of Seabourn Pursuit

Seabourn has named Western Kimberley Traditional Owners, the Wunambal Gaambera, as Godparents of the ultra-luxury purpose-built Seabourn Pursuit. It is the first cruise line to appoint Traditional Owners as godparents of a ship. Seabourn Pursuit embarks on its inaugural season in the Kimberley region this June. The naming ceremony will take place on Seabourn Pursuit’s […]

  • Luxury

Malolo Island Resort opens brand new Spa

Fiji’s Malolo Island has added another string to its bow – opening its $1.3 million day spa on Thursday, 18th April 2024. (Lead Image: matriarch Rosie Whitton with spa staff) Located at the edge of the resort’s luscious patch of tropical rainforest, the new “Leilani’s Spa” adds another level of elevated experiences to Malolo’s already […]