Mobile Travel Agents (MTA) now fully owned by Helloworld.
After purchasing a 50% interest in MTA in 2016, Helloworld has exercised its option to purchase the remaining half of the agency network.
The latest stake was bought for $36 million and is expected to add an extra $440 million in annualised TTV for Helloworld.
Lesley Owen has been appointed Group GM of MTA, while CEO Don Beattie will be staying on in an advisory capacity to assist with the transition.
More details in today’s issue of Travel Daily.