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MyTravel Group

MyTravel Group plc
Formerly
Airtours Group plc
Public limited company
Traded asMyTravel Group plc on the London Stock Exchange
FTSE 250 Component
IndustryTransport (package holidays)
FateMerger with Thomas Cook AG
SuccessorThomas Cook Group plc
Founded1972 (as Airtours)
2002 (as MyTravel Group)
FounderDavid Crossland
DefunctJune 2007
HeadquartersRochdale, England, UK
Key people
Michael Beckett (Chairman), Peter McHugh (CEO), John Allkins (Finance Director), John Bloodworth (Managing Director UK), Sam Weihagen (N Europe), Michael Friisdahl (Canada), Greg McMahon (Group Secretary), Steven Olivant (Communications), James Jennings (Strategy), Bill McQueen (HR)
ProductsPassenger transport
RevenueIncrease£2.79 billion GBP (2006)
Number of employees
14,600 Full Time
SubsidiariesAirtours
MyTravel Airways UK

MyTravel Group plc was a package holiday company based in the United Kingdom. It was founded in 1972 and included brands such as Airtours, Aspro, Cresta, Direct Holidays, Escapades, Manos and Panorama in the UK and Ireland, Sunquest Vacations and ALBA Tours in North America, and Ving, Always, Tjæreborg, Spies, Skibby, MyTravel Tango, Bridge and Saga Solreiser in Scandinavia. The company included an in-house airline, MyTravel Airways. Following the merger of MyTravel and Thomas Cook AG on 19 June 2007, these brands passed to the new combined Thomas Cook Group plc.

History

The group was founded under the Airtours brand in 1972, when David Crossland purchased a series of small travel agencies in Lancashire, United Kingdom.[1] The group began operating package holidays and launched its own in-house charter airline, in the early 1980s.[1]

In 1994, Airtours purchased Scandinavian Leisure Group and in 1996 it bought Simon Spies Holding, a Danish rival.[2]

In 2002, Airtours Group plc, rebranded under the new company-wide banner of MyTravel Group plc. This included a name change for Airtours International and Premiair to MyTravel Airways.[3]

In November 2003, MyTravel sold off its North America Cruise Division to NLG (National Leisure Group) of Woburn, Massachusetts.[4]

On 12 February 2007, MyTravel Group plc announced that they had agreed terms on a merger with Thomas Cook AG to form Thomas Cook Group plc.[5]

References

  1. ^ a b "Journey's end for the king of the costas?". The Guardian. 19 November 2000. Retrieved 21 September 2019.
  2. ^ "£10m Danish buy takes Airtours to Finland". The Independent. 16 February 1996. Retrieved 21 September 2019.
  3. ^ "Airtours and Going Places pilot new My Travel brand". The Drum. 6 March 2002. Retrieved 21 September 2019.
  4. ^ "National Leisure Group Becomes Largest Cruise Seller with Acquisition of MyTravel's U.S. Cruise Brands". Businesswire. 21 November 2003. Retrieved 21 September 2019.
  5. ^ "MyTravel and Thomas Cook merging". BBC News. 12 February 2007. Retrieved 6 October 2013.