Cheapflights has invested in Icelandic online flight planner company dohop.com to widen its product range.
The deal made for an undisclosed sum, also means that Cheapflights will be represented on the dohop.com board.
Founded by Frosti Sigurjonsson in 2004, dohop.com operates the world’s first flight planner which is free to consumers. The website covers scheduled routes and includes low-cost airlines.
Search results provide links to airlines’ and travel agency websites where the user can then book flights directly. It enables travellers to research available flight routes and scheduled departures and arrivals worldwide.
Cheapflights vice chairman and head of international Hugo Burge said: “As one of the two oldest established travel websites, we at Cheapflights believe that our own experience in building an international web business will help provide the management expertise, industry contacts and consumer focus to help drive the future world growth and success of dohop.com.
“This is a perfect tool for those who need to know precise flight times, routes and availability from anywhere to anywhere else.”
Dohop.com chief executive Sigurjonsson said: “Cheapflights is a tremendously successful travel company and we are excited to have them backing our young venture. We look forward to tapping into Cheapflights’ expertise in helping dohop.com reach its global potential.”