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Cheapflights reports ‘strong growth’
Cheapflights has reported an increase in sales of 71% a year between 2004 and 2006 thanks to the launch of its US site.
The online flight price search and comparison company said it has seen “strong growth” in the first six months of 2007 on both sides of the Atlantic, but did not disclose figures.
“Cheapflights can expect to continue with its rapid growth rate,” said a statement today.
“In particular, Cheapflights.com, launched in May 2003, has seen hyper-growth with its traffic now matching that of Cheapflights.co.uk. Both sites have seen a record number of users over the past six months.
“In addition, the company has continued to recruit management and senior staff to facilitate its planned international expansion and continued advance in the UK and North America. The focus has been on the strengthening of its technology teams. “
David Soskin, Cheapflights CEO, added: “The next six months will be a very exciting time for the group with considerable effort focussed on new products and upgraded infrastructure for our sites.”
In the year to end June 2007, Cheapflights said it has recorded 56 million unique users globally.
Unique user traffic for June was 5.2 million globally, equally split between the UK and US sites.
In the UK, Cheapflights has recently signed Expedia, Alitalia, Flyzoom.com, Travel Republic and Travelbag as advertisers.
By Bev Fearis
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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