Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Executive Travel and Travel Managers Group form partnership

21st March 2014

New Dynamic partnership between Executive Travel Ltd and Travel Managers Group Ltd

Executive Travel Limited and Travel Managers Group Limited are to join forces in a new partnership announced today.

Executive Travel under the directorship of Kevin Weston and Nicola Jamieson has acquired a 40% shareholding with Travel Managers Group effective from 01 April 2014. Mike Southcombe, a founding partner with TMG has sold his shareholding to Executive Travel. Mike says, “After nearly12 years with TMG it was time to step back and spend some more time with my family.”

The new partnership provides a complete service offering to the market with many synergies and scalability, enabling a new direct trade agreement with Air New Zealand. The new trade agreement will significantly accelerate the growth in priority markets.

The two companies moving forward are placed to work collaboratively as their boutique business models and approaches in the corporate, SME, leisure and broker markets are strongly aligned.

Executive Travel has been providing corporate travel management services since 1975 and is a privately owned Travel Management Company based in New Zealand.

Travel Managers Group is an independent, 100% New Zealand owned and operated travel broker and leisure group formed in 2002.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Interest Rates: NZ Dollar Jumps After RBNZ Trims OCR

The New Zealand dollar jumped more than half a US cent after Reserve Bank governor Graeme Wheeler cut the official cash rate by a quarter-point and said the currency needs to be lower, while dropping a reference to criteria that justified intervention. More>>

ALSO:

Drones: New 'World-Class' Framework For UAVs

The rules, which come into effect on 1 August, recognise the changing environment and create a world-class framework that accommodates ongoing development while still ensuring the safety of the public, property and other airspace users. More>>

ALSO:

Scoop Business: NZ Net Migration Reaches New Annual Record In June

New Zealand annual net migration rose to a new record in June as arrivals continued to be bolstered by Chinese and Indian students, while fewer locals departed for Australia. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news