Aspida Travel

What Aspida Travel does

Aspida Travel is a Piraeus-headquartered travel agency founded in 1981 that specializes in serving the Greek and European shipping industry with marine and corporate travel services. The company processes over 15,000 tickets per month for more than 100 shipping companies, offering air ticketing, ferry ticket sales and delivery, business travel management, and hotel/package bookings. It was ranked No. 1 in air ticket sales in Greece for 2020 and has consistently ranked among the top five Greek marine travel agencies for the past 15 years. The company operates from two Piraeus branches (Filonos 46 and Ag. Spyridonos 5-7) and reports roughly 35 staff servicing clients.

The company's technology stack is built on Amadeus, Sabre, and Cosmos Global Distribution Systems (GDS) for reservation management, paired with an electronic tariff system that delivers daily airline offer updates. As a founding member of the MTA7 global marine travel alliance — a network of six marine-focused agencies across the Netherlands, Australia, Philippines, USA, Ukraine, and the UK — Aspida accesses more than 110 marine fare contracts worldwide, which the company cites as enabling the lowest available marine fares for clients. The firm has held IATA membership since 1989 and is ISO 9001 Bureau Veritas quality management certified.

Aspida operates on a transaction-fee model, earning commissions from airline carriers, ferry operators, and hotel/package bookings, with additional professional-services revenue from corporate travel management. It executes a sales-led go-to-market motion targeting enterprise shipping and corporate clients via direct engagement, phone, email, and online quote forms, supported by a 24/7 phone line and dedicated emergency mobile numbers, including airport presence for check-in assistance, baggage handling, and seat reservations. The company is privately held with no disclosed institutional investors or parent company. Customer concentration is heavily skewed toward Greek shipping enterprises (including Costamare, Navios, Thenamaris, Minerva Maritime, Alpha Tankers, Tsakos, and TEN), with secondary exposure to corporate travel for banks, pharmaceutical, and public-sector clients.

Name

Aspida Travel

Legal name

Ταξιδιωτική Τουριστική Ναυτιλιακή Εταιρεία Περιορισμένης Ευθύνης

Website

https://aspidatravel.gr

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

Aspida Travel is a Piraeus-based travel agency founded in 1981 that provides marine and corporate travel services to over 100 shipping companies in Greece and Europe, processing 15,000+ tickets monthly as a founding member of the MTA7 global marine travel alliance.

Ownership category

akta.pro rank

Product category

Travel Agency Services

NAICS

Travel Agencies (561510), Tour Operators (56152)

SIC

Transportation Services (4700)

akta.pro industry

PRIMARYTHAKAFAB

Adventure & Expedition Travel Agencies

Travel & Hospitality/Travel Agencies, Tour Operators & OTAs/Specialty/Niche Travel Agencies (Luxury, Adventure, Honeymoon, etc.)

SECONDARYTHAKABAH

Inbound/Local Retail Travel Agencies (Destination Booking Offices)

Travel & Hospitality/Travel Agencies, Tour Operators & OTAs/Traditional/Retail Travel Agencies

Keywords

• Marine travel services
• Corporate travel management
• Airline ticket sales
• Ferry ticket booking
• Shipping industry travel

Headquarters

HQ city

Piraeus

HQ country

Greece

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Airline Ticket Sales: Commission-based sales of air tickets, with the company ranking No.1 in air ticket sales in Greece for 2020. Revenue generated through commissions from airline carriers.
2. Ferry/Marine Ticket Sales: Sales and delivery of ferry tickets for shipping companies, with free delivery service to customers
3. Hotel and Package Bookings: Commission revenue from hotel reservations and travel packages in Greece and abroad
4. Business Travel Services: Corporate travel management services including transfers, accommodation organization for enterprise clients

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Aspida Travel is a Greek travel agency providing specialized marine and corporate travel services. Its core offerings include airline and ferry ticketing tailored for shipping companies managing crew rotations, business travel management for enterprise clients (transfers, accommodation, itineraries), and hotel reservations and travel packages for individual travelers in Greece and abroad. The company sells tickets and reservations on its own behalf, earning commissions from carriers and suppliers, and supports its services through Amadeus, Sabre, and Cosmos GDS platforms.

Product overview

Aspida Travel is a travel agency offering a portfolio of travel services primarily focused on the shipping and marine industry. The core offerings consist of Marine Travel Services (specialized ticketing for shipping companies), Business Travel Services (corporate travel management), and Hotels & Packages (accommodation and travel packages). The company is a founding member of MTA7, a global marine travel alliance that provides access to over 110 airline contracts for competitive marine fares. All services are supported by Amadeus-Sabre and Cosmos GDS reservation systems for booking management.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Travel Services

Quantifiable outcome

• No.1 in Air Ticket Sales in Greece for 2020
• +2 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature1 record

Partnerships

Eight partnerships are on record, tiered core and minor.

• MTA7 (Marine Travel Alliance)coreStrategic or Co-development PartnerMTA7 is a global marine travel alliance created by six marine-focused travel agencies. As a founding member, Aspida Travel gains access to 110+ marine fare contracts worldwide, enabling the lowest available marine fares for clients. The alliance provides consistent service standards across all member countries.
• IATAcoreOthersInternational Air Transport Association membership since 1989, enabling issuance of airline tickets and access to global distribution systems.
• AmadeuscoreTechnology or IntegrationAmadeus GDS (Global Distribution System) for airline reservations and travel management.
• SabrecoreTechnology or IntegrationSabre GDS (Global Distribution System) for airline reservations and travel management.
• CosmoscoreTechnology or IntegrationCosmos booking system used for travel reservations and management.
• All Airlines in GreececoreStrategic or Co-development PartnerCollaborates with all airlines represented in Greece for ticket sales and preferential rates.
• Greek Ferry OperatorscoreStrategic or Co-development PartnerPartnerships with majority of ferry companies operating in Greek waters for ticket sales.
• Foreign Hotel AgenciesminorChannel Partner/ Reseller/ DistributorAffiliations with local agencies at foreign destinations for hotel bookings and tour services.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Point Amsterdam / Aviamarine Services: Fellow MTA7 founding member and direct marine-focused travel agency serving shipping clients in the Netherlands. Operates the same global marine fare contract pool as Aspida and competes for the same cross-border shipowner accounts.
• Aqua Marine Travel: Ukrainian MTA7 member focused on Black Sea and Eastern European marine travel. Shares the MTA7 fare contracts and service standards with Aspida.
• The Marine Travel (UK): UK-based MTA7 member serving British and European shipowners with marine-specific air ticketing and crew rotation services. Closest geographic competitor to Aspida.
• TTA Group: Australian MTA7 member and dedicated marine travel agency serving Asia-Pacific shipping companies. Comparable niche specialization and access to the shared MTA7 fare contracts.
• World Marine Travel: US-based MTA7 member providing marine travel services to North American shipowners. Most direct comparison point for Aspida's enterprise shipping model outside Europe.
• Fiesta Tours: Philippine MTA7 member serving the world's largest source of seafarers. Operates the same marine travel model for shipowners as Aspida and is part of the same global alliance.

Broad incumbents

• BCD Travel: Large global corporate travel management company that competes with Aspida's Business Travel Services line for enterprise accounts, particularly multinationals operating in Greece.
• CWT (CWT to Go / CWT Meetings & Events): Established global travel management company competing for mid-market and enterprise corporate travel spend overlapping with Aspida's Business Travel Services segment.
• American Express Global Business Travel: Global corporate travel management incumbent serving many of the same enterprise banking and pharmaceutical clients Aspida targets with its corporate travel offering.

Regional players

• Maris Travel Hellas: Greek-based travel agency serving the maritime sector; local regional competitor in the same shipping-vertical niche as Aspida within the Greek market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aspida-travel

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Aspida Travel