Altour Continues Push Into Managed Accounts With A&I, Top Flight Acquisitions

By | December 2, 2015

New York-based Altour International continues to acquire its way into managed corporate travel. It bought a controlling stake in 62-year-old A&I Travel Management in Memphis. Altour expects to announce another U.S.-based deal next week. The company also bought the United Kingdom's Top Flight Travel Management.

Adding to its existing U.K. holdings, the Top Flight deal will bring Altour's sales there to more than £100 million. The company sells more than $2 billion in travel globally per year.

Altour owns operations in France and Japan, and in September announced it joined . . .

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Author: Jay Campbell

Jay Campbell in 2004 created travel business newsletter The Beat, in 2006 co-founded Travel Procurement magazine and in 2010 integrated them into Northstar Travel Media's BTN Group. He served as editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University.