Milestones
1996 – Cheapflights founded by John Hatt, ex-travel editor of Harpers and Queen. The UK site Cheapflights.co.uk goes live in October, the first ever online price comparison travel site to be launched.
2000 – Cheapflights bought by consortium of private investors led by David Soskin and Hugo Burge.
2000 – Cheapflights introduces the PPC (pay per click) model to Europe and the online travel industry.
2003 – Cheapflights opens North America headquarters in Boston and launches Cheapflights.com.
2008 – Cheapflights launches Cheapflights.ca and Cheapflug.de.
2008 – Cheapflights globalises its revenue base with income from overseas expansion becoming the majority share of earnings.
2009 – Cheapflights moves into Australia, Spain, France and Italy.
2010 – Cheapflights becomes Cheapflights Media.
2010 - The Cheapflights family of sites surpasses the 100-million annual visit mark and delivers $2.6 billion in annual sales for its advertisers.
2010 – Cheapflights Media is listed in the Sunday Times Microsoft Tech Track 100 for the 7th time, the only private technology company to achieve this.
2011 – Cheapflights Media acquires Danish-based travel meta-search site momondo.com, expanding its family of brands and growing its geographic footprint to 15 countries.
2011 – Cheapflights Media placed in the Sunday Times PwC Profit Track for the second consecutive year. Cheapflights Media was ranked 27th on this list of the UK’s 100 fastest-growing private companies in terms of profit.
2011 – Chairman Hugo Burge assumes the CEO role.
2011 – Cheapflights reaches the five-million subscriber mark with its opt-in newsletter.
2012 – Cheapflights Media sets new record for traffic with 14m visitors across sites.
