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FINANCIAL NEWS
UAE’s Dnata acquires stake in UK’s Travel Republic
04 Jan 2012
(MENAFN) UAE’s Dnata said that the company bought a majority stake in UK’s largest privately-owned online travel agency, Travel Republic, reported Emirates 24/7.
The world’s fourth largest air services provider added that the new acquisition would allow the firm to profit from the growing popularity of online travel booking, moreover, adding that it would offer a wider range of destinations.
It also said that the transaction came as dnata planned to expand its global network, following its recent expansion into India, on the other hand, it said that the company would keep the same competitive price and high-quality customer experience.
It is worth noising that Travel Republic offers competitive prices on a choice of 120,000 hotels, and flights with around 100 carriers to 650 destinations globally.
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