Timur Turlow announced a rebranding: Aviata has become Freedom Travel
Author - Mansur Ismagulov
The Tech AI
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The Aviata.kz service, owned by Freedom Holding Corp., has rebranded as Freedom Travel. The company sells more than 200,000 tickets per month; its turnover in 2024 exceeded 100 billion tenge, with an audience of 80,000 users. In 2023, revenue amounted to $122.8 million with an average check of $24.5. Freedom Holding Corp. acquired 100% of the shares for $32.3 million in 2023. The service ranked fifth in the Forbes Kazakhstan rating for 2024.
Kazakhstani airline ticket sales service Aviata.kz, owned by Freedom Holding Corp. of businessman Timur Turlov, announced a rebranding and name change to Freedom Travel.
The company sells more than 200,000 air and railway tickets per month. In 2024, its turnover exceeded 100 billion tenge, with a monthly audience of 80,000 users. According to Freedom Travel's plans, the company intends to increase its share in the online booking market by more than three times in the coming years.
The Aviata service was founded in 2013. In 2023, Freedom Holding Corp. acquired 100% of the company for $32.3 million to integrate it into the holding's ecosystem of digital services.
In 2024, Aviata entered the ranking of the 50 largest online trading platforms in Kazakhstan by Forbes Kazakhstan, taking fifth place. According to the publication, its revenue in 2023 was $122.8 million, with an average customer check of $24.5.
Source: Forbes
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