Jet Travel

What Jet Travel does

Jet Travel Kft. is a Budapest-headquartered, 100% Hungarian-owned, IATA-accredited travel management agency operating since 1992 as a private limited company (Kft.). It serves approximately 350 contracted corporate clients across automotive, telecommunications, media, government, and sports federation segments, issuing roughly 34,000 flight tickets per year and organizing MICE, bleisure, and event-management engagements for groups ranging from 10 to more than 1,000 participants. Managing Director Gabriella Toldi leads the firm with a small team (11–50 employees) supported by insurance and banking partners Alfa Vienna Insurance Group and Raiffeisen Bank.

Beyond its corporate-travel core, Jet Travel operates several adjacent product lines: MICE & Bleisure (meetings, conferences, incentive trips, team building), a 'Travel With Us' aggregator curating offers from vetted third-party agencies, adventure and sports tourism (including themed trips to NFL and NCAA events in the United States), Austrian ski-region packages (Carinthia, Salzburg, Tirol), cruises via a dedicated Jet Cruise brand, and retail gift vouchers redeemable across cruises, accommodation, tickets, and insurance. The technology stack is conventional travel-agency infrastructure anchored on IATA GDS booking access for global airline inventory (air, bus, train, boat), supplemented by a CO2 calculator for air-travel emissions reporting and an online registration system for corporate events.

The business model relies on transaction fees and professional-services fees generated through direct B2B field sales from the Budapest headquarters, supplemented by a content blog and direct phone/email inquiry channels. Pricing is quote-based and undisclosed. The firm has three times received the national 'Best Corporate Travel Agency' award and holds no venture or institutional capital. Geographic reach remains single-country dominant (Hungary) with selective cross-border products into Austria and the United States.

Name

Jet Travel

Legal name

Jet Travel Kft.

Website

https://jettravel.hu

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Jet Travel Kft. is a Hungarian IATA-accredited travel management agency providing corporate travel, MICE, cruise, sports tourism, and ski packages to approximately 350 contracted corporate clients from its Budapest headquarters, issuing roughly 34,000 flight tickets annually.

Ownership category

akta.pro rank

Product category

Corporate Travel Management

NAICS

Travel Agencies (561510)

akta.pro primary industry

Corporate Air Ticketing Agencies (SME/Enterprise Accounts) (THAKALAB)

akta.pro secondary industry

Group Air Management & Airline Contracting (Meetings) (THACAFAD)

Keywords

• Corporate travel management
• Business travel agency
• MICE event management
• Corporate event planning
• Leisure travel services

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Travel Agency Services: Core revenue from travel agency services including flight ticket issuance (34,000 tickets per year), accommodation booking, airport transfers, car rental, visa administration, and travel insurance. Services are delivered through an IATA agency model with access to all major airlines globally.
2. MICE & Event Management: Corporate event organization, incentive trips, conferences, and team building services for groups of 10 to 1000 people. Services include venue selection, program design, contract management, and event execution.
3. Sports & Adventure Tourism: Themed sports trips and adventure tourism experiences including event-based travel, competition attendance tours, and themed sports travel packages.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Jet Travel is a Hungarian IATA-accredited travel agency providing comprehensive corporate travel management (flight, bus, train, and boat ticketing; accommodation; airport transfers; car rental; visa administration; travel insurance; custom reporting) for approximately 350 contracted corporate customers issuing 34,000 tickets annually. The company also delivers MICE and bleisure event organization services for groups of 10 to 1000, plus specialized leisure offerings including cruises, sports and adventure tourism, and Austrian ski packages.

Product overview

Jet Travel is a Hungarian travel agency specializing in business and professional tourism, offering a comprehensive suite of travel services organized into core product lines: Corporate Travel Services (ticket booking, accommodation, transfers, visa, insurance, custom reports), MICE & Bleisure (meetings, conferences, incentive trips, team building), Adventure Trips/Sports Tourism, and Ski Packages. Additional offerings include aggregated partner travel offers through 'Travel With Us' and gift vouchers. The company operates as an IATA agency and has 35 years of experience serving approximately 350 corporate customers, issuing 34,000 tickets annually.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Travel Services
• MICE & Bleisure
• Adventure Trips / Sports Tourism
• Ski Packages
• Travel With Us
• Gift Vouchers (Utalvány)

Quantifiable outcome

• 34,000 flight tickets issued annually for corporate clients
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core, support and minor.

• Alfa Vienna Insurance Group Biztosító Zrt.coreOthersAlfa Vienna Insurance Group provides asset security insurance and corporate liability insurance for Jet Travel. This partnership ensures financial protection and compliance with Hungarian tourism regulations, with the insurer named as the designated body for customer claims in case of payment default by Jet Travel.
• Airlines (via IATA)coreTechnology or IntegrationAs an IATA-accredited agency, Jet Travel has booking access to all major airlines globally. This partnership enables ticket issuance across any airline for corporate and leisure travel needs.
• Raiffeisen Bank Zrt.supportOthersRaiffeisen Bank provides banking services including multi-currency accounts (HUF, EUR, USD) for Jet Travel operations, facilitating international payment processing for travel services.
• Trusted Travel Agency PartnersminorChannel Partner/ Reseller/ DistributorJet Travel curates and lists offers from reliable, well-known travel agencies on their 'Travel With Us' platform, prioritizing quality and customer satisfaction through carefully selected partner agencies.
• EMAB ZRTsupportTechnology or IntegrationEMAB ZRT provides hosting services for Jet Travel's website and digital infrastructure, ensuring reliable online presence and service delivery capabilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• BCD Travel: BCD Travel is one of the world's largest corporate travel management companies, serving enterprise clients with global travel programs, reporting, and duty-of-care. It is directly comparable to Jet Travel as a corporate-focused TMC operating at vastly larger scale across multiple geographies.
• American Express Global Business Travel (Amex GBT): Amex GBT is a leading global TMC serving large multinational corporate accounts with managed travel, meetings, and expense solutions. It competes with Jet Travel at the enterprise end of the corporate travel management market, though at substantially greater scale and technology investment.
• CWT (Carlson Wagonlit Travel): CWT is a long-established global corporate travel management company offering air, hotel, meetings, and travel risk services to enterprise clients. Comparable to Jet Travel in business model (full-service corporate travel agency) though operating internationally and at much larger scale.
• TUI Musement / TUI Hungary: TUI is a global tourism group operating tour operators, airlines, and travel agencies across Europe including Hungary. Comparable as a broader incumbent offering leisure travel, MICE-adjacent services, and corporate packages that overlap with parts of Jet Travel's portfolio.

Emerging players

• Navan (formerly TripActions): Navan is a fast-growing digital-first corporate travel and expense platform serving mid-market and enterprise clients with self-service booking, AI-driven policy compliance, and integrated cards. Represents the emerging tech-enabled TMC model that threatens traditional IATA agencies like Jet Travel.
• SAP Concur: SAP Concur provides corporate travel, expense, and invoice management software used by enterprises to manage business travel programs. Comparable as an adjacent technology layer that corporates adopt alongside or instead of full-service agencies like Jet Travel.

Direct peers

• Ibusz (Hungary): Ibusz is a historic Hungarian travel agency offering corporate, leisure, and inbound tourism services with broad IATA-accredited booking capability. Direct domestic peer to Jet Travel competing for Hungarian corporate accounts and leisure travelers.
• OTP Travel (Hungary): OTP Travel is one of Hungary's largest travel agencies offering corporate, leisure, and MICE services, affiliated with OTP Bank. Direct domestic competitor to Jet Travel in the Hungarian corporate travel market with overlapping enterprise client base and similar IATA-accredited service model.
• Weco-Travel / WeCorp: Weco-Travel is a European corporate travel agency focused on SMEs and mid-market accounts across multiple countries with IATA-accredited booking and managed travel services. Closely comparable to Jet Travel in business model (corporate-focused full-service TMC) and target market (European enterprise accounts).
• Utazas.hu / IFA Tours (Hungary): Utazas.hu is a leading Hungarian online and offline travel agency selling flights, hotels, packages, and corporate travel services. Direct domestic peer to Jet Travel competing for both leisure and corporate accounts in Hungary with an integrated digital booking platform.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/jettravelkft
• LinkedInlinkedin.com/company/jettravel

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jet Travel