Cash windfall for Skyscanner staff after takeover
Staff at Edinburgh-based Skyscanner, which was sold in Scotland’s latest corporate deal of the year last week, look set to land cash and share windfalls of more than £166,000 each.
Documents relating to the £1.4 billion sale of the flight search website to China’s biggest travel company, filed at Companies House, suggest the 674 people employed by Skyscanner had a stake in the business.
At the end of last year the staff owned roughly eight per cent of the company through various share schemes, the paperwork shows.
Their combined stake would have a paper value of £112 million – an average of £166,172 each.
Skyscanner has more than 60 million users per month.
Last year, it had revenue of £120m, up 28 per cent on 2014.
That is from the earnings it makes for transferring its customers on to the sites where they buy the flight tickets.