Aviareps
AVIAREPS Group is a global airline and tourism representative, working as a General Sales Agent (GSA) on behalf of their customers. Founded in 1994 in Germany the corporation is now operating through a network of 39 offices in over 30 different countries worldwide. Currently AVIAREPS represents more than 70 airlines and 85 tourism companies such as destinations, hotel chains, airports, cruise line companies and car rentals. The offered services range from sales, marketing and ticketing activities to advertising public relations, IT-solutions and financial services.
Locations
AVIAREPS is a conglomerate of currently 39 subsidiaries worldwide. All self-owned branch offices work as independent companies, but are connected with the headquarters in Germany due to the centralized financial controlling and corporate standards. In some markets AVIAREPS does not maintain its own subsidiary but cooperates with local representation companies. Currently AVIAREPS represents clients for regions in Africa, Asia Pacific, Europe and North and South America.
Shareholdings
AVIAREPS’ share capital reflects a nominal registered capital of 267,901 Euros. Thereof 260,860 are common shares and 7,041 are non-par preference shares without voting right. All shares are registered and entered in the company’s share register.
All shares are held by private people, with the exception of 25.1 percent owned by an investment company. No client or potential client holds shares or an interest in any of the companies. This allows AVIAREPS to maintain a neutral status.
History
AVIAREPS Airline Management GmbH was founded in Germany in 1994 with the aim of meeting the growing demands of the aviation and tourism representation market. Four years later, the AVIAREPS Airline Management GmbH transitioned into a joint stock company, named AVIAREPS Airline Management Group.
In 1999 the German headquartered company started to develop new business segments like tourism management, an entity that specializes in the marketing and sales of destinations, hotels and tourist attractions. One year later, AVIAREPS became active in the field of technology. In 2004 the airline and tourism representative decided to place these services within a newly founded entity, the AVIANET Network Management GmbH.
From 2004 onwards AVIAREPS has made a number of investments into leading organizations specialized in delivering marketing and sales services to companies in the tourism sector.