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Skyscanner appoints high flyer as chairman

Online travel tycoon Ray Nolan joins Skyscanner board as company builds on record revenues.

Online travel tycoon Ray Nolan joins Skyscanner board as company builds on record revenues

Flight comparison site Skyscanner.net has appointed Ray Nolan as its new chairman.

Founder of Web Reservations International, the parent company of the hugely successful Hostelworld.com accommodation booking site among others, Nolan last year led the organisation through a $340 million sale – the largest exit of the decade in Ireland.

Skyscanner, recently listed as number 21 in the Sunday Times Techtrack 100, is Europe’s leading flight search engine, with over 10 million users per month. Skyscanner has just reported a record £3.5 million quarter and Nolan joins the company as it prepares for a major push for growth in existing and new markets.

“We are delighted to have Ray as our new chairman,” said Gareth Williams, CEO of Skyscanner. “We’ve had a very steep growth trajectory in the last two years and are now set to leverage that as we aim for the number one position worldwide.

“Ray Nolan has hugely relevant industry and entrepreneurial experience and a proven track record of creating great companies with high growth. As one of the fastest growing technology companies in the UK, Skyscanner has many of the characteristics that made HostelWorld successful and we look forward to drawing on Ray’s experience and working with him to explore the potential for strategic partnerships and ventures.”

Nolan commented:

“I am delighted to be joining such an outstanding company in the travel technology sector and look forward to helping them realise their significant ambitions right across the online travel search space. With the company’s direct relationships with airlines and OTAs and its exceptionally strong multi-national model, Skyscanner is uniquely placed in the flight search market. The last two years have been extremely successful but Skyscanner is now set for yet another exponential growth spurt.”

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