Passengers Make Take Off Low Cost Airlines According Travelgenio And Travel2be


Taking advance of the presentation of the annual results for the year 2012, the online travel agency Travelgenio also reflects on the current industry and on the airlines companies.

Madrid (I-Newswire) April 20, 2013 - Taking advance of the presentation of the annual results for the year 2012, the online travel agency Travelgenio also reflects on the current industry and on the airlines companies. The outlook for airlines has changed a lot since the crisis became a reality and also affected their results.

According to Mariano Pelizzari, CEO and co-founder of Travelgenio, "it is curious how the final positioning of low cost airlines in short and medium hault has consolidated or even strengthened against big companies. We see it clear if we look Travelgenio's reservations".

With the fall of Spanair and Maley in 2012, Air France - KLM or Aerolƒ­neas Argentinas with negative numbers or even Iberia with its ERE, it seems that big companies are not at their best.

It is true that during these years everything is guided to mergers and the creation of strong partnerships within the framework of the global ones like One World, Star Alliance or Skyteam (American Airlines with US Airways, Iberia with British Airways, Air France with KLM, Lufthansa with Austrian Airlines or LAN with TAM are clear examples). This way they can decrease their costs and increase the capability for offering more low cost destinations under the same brand.

However, against these traditional companies, the low cost airlines have settled their market. So much so that, during last year, instead of matching the big airlines in their losses, European low cost airlines have grown about a 7%.

Something similar is happening with online travel agencies. In the Travelgenio annual results it is clearly shown the tendency of consolidation and growth. Against gross sales made in 2012 of 90MM, this year the online travel agency expects to achieve gross billing results of 150MM.

Its growth is demonstrated in the annual results with data like the staff one. Just in jobs, Travelgenio has grown about a 111,11%, giving clear signs of the expansion of the bussines model is being carried out.

Noteworthy was the number of reserves, that have doubled in only one year, as reflected by the company results published.

Finally, during 2012 Travelgenio have had presence in three countries (Spain, UK and France) but currently it has added two more to its portfolio: Germany and Portugal. Its expectation for 2013 is to arrive also to Italy and the Netherlands.






About Travelgenio

http://Travelgenio is an expert in the field of Cheap Flights and is well versed with the demands of   More.. Travel. Travelgenio offers best deal at the lowest price possible in the market. Travelgenio provides best services and full client satisfaction. Travelgenio is a company established in year 2010 by Mariano Pelizzari to provide best serives in the field of Travel.Less..

Contact Information

Travelgenio
Travelgenio Comunication Dep.
C/Santa Leonor 39 4ยบ
28037
Phone : 902909981

Published in:

Business

Published On:

April 20, 2013

Print Release:

Print Release

If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.


Related Releases

Sturdy Gun Safe Offers American Made Gun Safes at the Best Prices
Sturdy Gun Safe has been offering American Made Gun Safes at the Best Prices. They are one of the best commercial gun and fire safe manufacturers in the USA.

Lotus Greens Yamuna Expressway - Select Your "Living Style"
The new entrant "Lotus Greens Developers" has launched another astonishing project at Yamuna Expressway of Sector-22D Greater Noida. Now-a-days, there is a huge demand for commercial or residential properties along with the luxury amenities.

Teknowledge Extends Its Social Media Campaigns To Behance
Teknowledge Mobile Studio recently laid down a marker for all its professional rivals, by adding Adobe Behance to its overall social media marketing portfolio. The best works of the company would be presented on the channel, and the company is lookin

Frontier Label Announces Discount Code For The Month
Frontier Label, the well-known labeling company offering custom printed labels and a variety of other options for different industries recently announced discount codes.

Las Vegas Home Being Sold By the Ballen Group
The Las Vegas real estate team, known as The Ballen Group, have entered into discussions with a buyer for a Las Vegas home located on Cherokee Avenue.