Printer Friendly

FIRST TRAVELCORP TO ACQUIRE CHARLOTTE TRAVEL AGENCY

 FIRST TRAVELCORP TO ACQUIRE CHARLOTTE TRAVEL AGENCY
 RALEIGH, N.C., June 8 /PRNewswire/ -- In its fifth acquisition,


Raleigh based travel services company First Travelcorp Inc. has announced plans to purchase Passport Travel, located in Charlotte's South Park area.
 "With the acquisition of Passport Travel's Charlotte operation, First Travelcorp moves into the last of North Carolina's major markets," said Fred L. Coward III, executive vice president of First Travelcorp, which currently operates offices in Raleigh, Durham, Greensboro and Winston-Salem.
 Passport Travel, a 14 year-old agency primarily dealing in corporate travel, has nine employees, all of whom will remain with the company, Coward said.
 Nancy Kerbelis, manager of Passport Travel, said, "Passport has always been a service-oriented agency, and we expect First Travelcorp to help us provide even better service for our corporate and leisure clients, particularly in the area of new technology."
 First Travelcorp, formed in June 1991, has acquired Lucas Travel in Greensboro, McDonald Travel in Durham, Patterson Travel in Raleigh, and Anderson Travel in Winston-Salem.
 "First Travelcorp's growth will continue to focus on full service travel agencies in the southeastern United States with qualified, dedicated staff and state-of-the-art technology," Coward said. "Our plans to acquire additional travel agencies will allow for economies of scale, and will provide enhanced services and benefits to the agencies' existing and potential customers."
 -0- 6/8/92
 /CONTACT: Fred Coward, First Travelcorp Inc. 919-571-5214/ CO: First Travelcorp Inc. ST: North Carolina IN: LEI SU: TNM


JZ -- CH003 -- 7836 06/08/92 10:53 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 8, 1992
Words:250
Previous Article:RIDDELL SPORTS NAMES TANNEN PRESIDENT AND CHIEF OPERATING OFFICER
Next Article:ENTERGY AND GULF STATES UTILITIES ANNOUNCE DEFINITIVE AGREEMENT TO COMBINE; GSU SHAREHOLDERS TO RECEIVE $20 PER SHARE IN CASH OR STOCK
Topics:


Related Articles
FIRST TRAVELCORP TO PURCHASE WINSTON-SALEM TRAVEL AGENCY
FIRST TRAVELCORP TO ACQUIRE GREENSBORO'S ADVANTAGE TRAVEL
FIRST TRAVELCORP TO PURCHASE AMBASSADOR TRAVEL
FIRST TRAVELCORP TO ACQUIRE EXECUTIVE TRAVEL
WILLIAM R. HOWARD JOINS FIRST TRAVELCORP AS BOARD CHAIRMAN
FIRST TRAVELCORP TO ACQUIRE PREMIER TRAVEL PARTNERS
FIRST TRAVELCORP TO ACQUIRE GOING PLACES TRAVEL
First Travelcorp Selected For Membership In National Leisure Travel Organization
Navigant International Agrees to Acquire First Travelcorp.
Navigant International Acquires First Travelcorp.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters