Wings acquires prize TMC

WINGS Travel Management has
acquired Michelle’s Travel, a founding
member of XL Travel.
Founded in 1973, Michelle’s Travel
is based in Boksburg with 50 staff
members who handle the business
travel requirements for clients operating
predominantly in the engineering,
construction and manufacturing
industries. The company will rebrand
as Wings Travel Management. All staff
have been retained.
“The oil, gas and marine sectors
account for the majority of our global
business. However the current
downturn in the energy sector due to
falling oil prices has prompted us to
take a strategic decision to expand our
corporate arm in order to manage this downturn,” says Tony
Sofianos, ceo of Wings Travel
Management. “In addition,
we are migrating services
from our SA operations to
Wings’ operations in oilproducing
countries such
as Angola and Nigeria
for most of our African
oil and gas clients for
legislative reasons; and it
was therefore important for
us to acquire a sizeable
business in South Africa to
ensure economies of scale
were maintained.” He says
Wings is also considering a
significant UK acquisition to
bolster the corporate side of
its business.