BCD Group increases investment in online travel company Travix
Zeist, The Netherlands, October 4, 2018 – The international travel company BCD Group today announced that it has taken full ownership in online travel company Travix International BV after purchasing all outstanding shares from minority shareholder ING Corporate Investments.
Travix was established in early 2011 by merging the online brands CheapTickets, Vliegwinkel, BudgetAir, Flugladen and Vayama. BCD Group sees great potential to further grow Travix, which currently operates in 39 countries from offices in the Netherlands, Germany, the United Kingdom, India, Singapore, Australia and the United States. With its new single-shareholder structure, Travix looks forward to responding even more quickly to evolving customer needs in the dynamic online travel market.
With the company’s five brands and 43 websites, more than five million passengers fly annually via Travix to more than 500 destinations across the globe.
Travix is among the largest travel companies in the world when it comes to online sales of flight tickets. The company and its brands – CheapTickets, Vliegwinkel, BudgetAir, Flugladen and Vayama – operate in 39 countries. All of the Travix brands offer global flights provided by national and economy airlines, hotels, car rentals, travel insurance and other travel-related services. Travix has over 550 employees, representing more than 50 different nationalities. Travix is part of the BCD Group. For more information, visit: www.travix.com.
About BCD Group
BCD Group is a market leader in the travel industry. The privately-owned company was founded in 1975 by John Fentener van Vlissingen and consists of BCD Travel (global corporate travel management), Travix (online travel: CheapTickets, Vliegwinkel, BudgetAir, Flugladen and Vayama), Park ‘N Fly (off-airport parking) and Airtrade (consolidation and fulfillment). BCD Group employs over 14,500 people and operates in 109 countries with total sales of US$27.9 billion, including US$10.4 billion partner sales. For more information, visit www.bcdgroup.com.