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eSky Group is an online travel agency[1] and travel platform operator.[2] It's active in 50 markets across Europe, the Americas, and Africa. [3] The company offers holidays and city breaks dynamic packages[4], as well as stand-alone flights, accommodations, and other travel services.[5]
Company type | Private |
---|---|
Industry | Tourism, Travel, Hospitality |
Founded | 1 July 2004 |
Founder | Łukasz Habaj Łukasz Kręski Piotr Stępniewski Agnieszka Stępniewska |
Headquarters | Green Park, Murckowska 14A Street, Katowice, Poland |
Area served | |
Key people | Łukasz Habaj (CEO) Andrzej Kozłowski (CFO) Łukasz Neska (CGO) Piotr Woś (CTO) |
Brands | eSky eDestinos Thomas Cook Tourism |
Services | Package holidays and city breaks Flights Accommodations Travel insurance Car and yacht rentals Experiences, attractions Sporting events |
Revenue | €801,000,000 (+42% YoY) (2023) |
€18,700,000 (-11% YoY) (2023) | |
Number of employees | 750+ (as of September 2024) |
Parent | 55% stake in eSky Group holds private equity fund MCI Capital |
Website | esky |
The Group operates under the eSky (Europe, North America, Africa), eDestinos (Latin America) and Thomas Cook brands.[6] It also holds Travel Agent Accreditation of the International Air Transport Association (no. 63210803).[7]
Overview
editeSky Group was founded in 2004, in Poland.[8] Having approx. 550 airlines signed under the agreements in its flight inventory,[9] the company was primarily selling airline tickets via its online platform.[10] In 2014, the company’s owner changed, [11] with MCI Capital listed private equity took a 55% stake in eSky Group.[12]
In 2023, as a result of a business transformation towards a package travel provider,[13] the Polish OTA switched its focus from airline offers aggregation to combining flights and accommodations into city breaks and holidays packages.[14]
The same year, the company reported revenue of more than €800m – an increase of 42% year-on-year – with around 3.3m customers using its services.[15] eSky Group's EBITDA amounted to €18.7m.[3]
International operations
editIn April 2024, eSky Group established a partnership with Ryanair, Europe's low-cost carrier, becoming one of the first authorised online travel agencies to provide Ryanair flights, seats, and baggage.[16] The deal guaranteed passengers that their contact and payment information is provided from the travel agent directly to the airline.[17]
At the same time, the travel platform owner started offering package holidays and city breaks in the United Kingdom in April 2024.[18] This followed passing the UK's Civil Aviation Authority approval, and the company covered its packages with the Air Travel Organisers' Licensing (ATOL) protection scheme (no. 12520).[19]
In September 2024, eSky Group acquired Thomas Cook from Hong Kong’s Fosun Tourism Group, excluding its operations in China.[14] The aim was to expand from being an online flight aggregator to a package holidays and city breaks provider, and operates in over 50 countries.[20] The acquisition would pave the way for eSky to grow both in the UK and other Western European markets.[8] Companies announced their intention to combine Thomas Cook's experience in dynamic packaging with eSky's flight inventory and technical capabilities[2] in order to “seize an opportunity for growth in the maturing package holiday sector.”[21]
References
edit- ^ Percival, Geoff (2024-09-05). "Polish OTA eSky Agrees to Buy Thomas Cook Brand - ittn.ie". ittn.ie. Retrieved 2024-09-12.
- ^ a b "Thomas Cook finds new home with Poland's eSky Group". www.phocuswire.com. Retrieved 2024-09-12.
- ^ a b "Recovering firm Thomas Cook acquired by Polish travel group eSky". euronews. 2024-09-06. Retrieved 2024-09-12.
- ^ Byers, Jim (2024-09-06). "Chinese Group Sells Thomas Cook to Polish Travel Platform". Open Jaw. Retrieved 2024-09-12.
- ^ "eSky Group: a global travel platform with Polish roots". pressroom.esky.com. Retrieved 2024-09-12.
- ^ O'Neill, Sean (2024-09-05). "Fosun Sells Thomas Cook to Private Equity-Backed eSky: 8 Takeaways". Skift. Retrieved 2024-09-12.
- ^ "Check A Code". store.iata.org. Retrieved 2024-09-12.
- ^ a b Wlodarczak-Semczuk, Anna (2024-09-05). "Polish travel platform eSky to buy Thomas Cook from China's Fosun". www.reuters.com. Retrieved 2024-09-12.
- ^ Mayling, Samantha. "Thomas Cook acquired by traveltech firm eSky Group". Travel Weekly. Retrieved 2024-09-12.
- ^ Varley, Len (2024-09-06). "Thomas Cook Returns to European Ownership Under Poland's eSky Travel Group". AviationSource News. Retrieved 2024-09-12.
- ^ "MCI.EuroVentures will acquire 55% of eSky shares - Grupa MCI". mci.pl. 2022-02-04. Retrieved 2024-09-12.
- ^ "eSky Group Buys Thomas Cook For £30 Million". 2024-09-05. Retrieved 2024-09-12.
- ^ Koumelis, Theodore (2024-09-08). "Fosun Tourism Group sells Thomas Cook subsidiary to eSky for £30m". TravelDailyNews Asia & Pacific. Retrieved 2024-09-12.
- ^ a b Sugiura, Eri. "Thomas Cook acquired by Polish travel group eSky". www.ft.com. Retrieved 2024-09-12.
- ^ Wales, Bethany (2024-09-05). "Thomas Cook snapped up by Polish tech firm in £30m buyout". CityAM. Retrieved 2024-09-12.
- ^ Percival, Geoff (2024-05-13). "Ryanair Sales Partnership with Polish OTA eSky Officially Goes Live - ittn.ie". ittn.ie. Retrieved 2024-09-12.
- ^ Whitaker, Greg (2024-04-02). "Sixth OTA joins Ryanair in partnership". Aviation Business News. Retrieved 2024-09-12.
- ^ "Platforma eSky z licencją na sprzedaż podróży w Wielkiej Brytanii". Rzeczpospolita (in Polish). Retrieved 2024-09-12.
- ^ "Search ATOL holders | Civil Aviation Authority". www.caa.co.uk. Retrieved 2024-09-12.
- ^ "Thomas Cook acquired by Poland's eSky Group". TTG. Retrieved 2024-09-12.
- ^ Tamm, Heike (2024-09-06). "eSky to acquire Thomas Cook from China's Fosun". AviTrader Aviation News. Retrieved 2024-09-12.