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The Warsaw Voice » Business » October 22, 2008
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Air Ticket Agent Set to Grow
October 22, 2008 By A.R.    
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eSKY.pl, a Polish company that acts as an agent for the sale of air tickets online, is set to expand internationally.

Launched three-and-a-half years ago, eSKY.pl holds a 40 percent of the Polish market for online air ticket sales. This year, the company plans to increase its sales by 93 percent from 2007 to around zl.78 million. Net profit is expected to approach zl.1.9 million. "We want to be the market leader not just in Poland, but in the whole region of Central and Eastern Europe," said Łukasz Habaj, vice-president of eSKY.pl. "That's why we will continue to develop our website and consolidate the Polish market, but will also take concerted steps to enter other markets in the region."

As part of this strategy, in October eSKY.pl plans to launch a new ticket search system developed by the company's own specialists. The system will give users greater search speed and an expanded database of regular and budget flights, in addition to a number of other upgrades. The company's managers say this will help eSKY.pl increase its customer base, sales and profits.

Next year's sales are projected at zl.140 million, with a zl.4 million net profit, followed by zl.250 million sales and a zl.9 million net profit in 2010.

eSKY.pl says it will develop not only by means of organic growth but also by finding new partners and expanding its operations in other countries in Central and Eastern Europe.

The company plans to launch the eSKY.bg website in Bulgaria in October, to be followed by similar sites in Romania and other countries including Russia, the Czech Republic and Slovakia. The company is also eyeing the Warsaw Stock Exchange. It wants to be listed on the main trading floor in the second half of next year to raise funds to carry out its development strategy.
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