No change at Travel Republic despite sale

Saturday, 04 Jan, 2012 0

Travel Republic bosses have issued a statement to say there will be no change at the online agency.

The agency was sold to a new company on 28 December – Dnata World Travel which is owned 75% by dnata, a subsidiary of Emirates and 25% by Kane Pirie, Paul Furner and Chris Waite.

The statement said there are no plans to change the senior management team or make any redundancies.
 
Managing director, Kane Pirie, said: “We are proud of the team we have built over the years and the fact we have never made anyone redundant. We only expect the team to continue to expand.
 
“In other words, I don’t see that very much is going to change at all that should cause any of our staff or customers concern.
 
“Personally I am very proud of what we have been able to achieve as a team of people (including everyone in the company) both in building this business and delivering it into the arms of an exceptionally strong group.

“For the avoidance of doubt, trading remains strong with the business on track for another year of record-breaking sales and profits in the year to 31 March 2012.”

 

By Diane Evans



 

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Diane



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