While the financial details of the agreement weren't released several sources have described the deal as a "multimillion-euro" one.
Through the new deal, Cartrawler will manage the low-cost airline's digital auto rental services and be used as Easyjet's media partner along with Europcar in what Cartrawler describes as an industry first.
The agreement is seen as a big moment for Cartrawler which beat out several other big travel technology companies in order to enter the agreement.
Cartrawler had introduced its new travel mobility platform earlier this year which lets carriers offer consumers airport transfer services and auto rental which is currently operating in for 100 airlines and 2,500 online travel brands. Currently, the platform provides services for around 25% of the top airlines including Swiss, Jetstar, KML, Alaska Airlines, and Emirates.
“This new partnership is the biggest deal we have signed in the past four years. It underlines the scale and pace at which Cartrawler is operating, and is fantastic news for the millions of customers who fly with easyJet each year,” said Chief Commercial Officer Aileen McCormack.
Cartrawler was founded in 2004 by two brothers, Niall and Greg Turley, and is currently owned by Insight Venture Partners and BC Partners. The company currently employs around 500 people, is headquartered in Dublin, and has offices in Manilla, Boston, Sydney, Tokyo, and Helsinki.
The company reported pre-tax profits of around €6.6 million for the beginning nine months of 2018. It also reported a turnover of €164 million during the first nine months of 2018.
Easyjet, an airline carrier that transports around 90 million consumers every year, recently reports a 26% decrease in pre-tax profits even as revenues increased by 8.3%.
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