Musafir Holdings Moves to Acquire Cleartrip.ae and Flyin.com
Musafir Holdings has signed an agreement to acquire the remaining 75% stake in FLYCT MEA Holdings, operator of Cleartrip.ae and Flyin.com. The proposed deal would give Musafir full ownership of the online travel business, subject to regulatory approvals.
Dubai, 18 September 2026:
The proposed transaction will see Musafir acquire the remaining 75% stake currently held by FLYCT’s founding management team. Musafir already owns 25% of FLYCT and, subject to customary regulatory approvals, will take full ownership of the business.
The deal is expected to strengthen Musafir’s consumer travel offering and expand its presence across the Middle East.
FLYCT operates two established online travel platforms. Cleartrip.ae serves customers in the UAE, while Flyin.com focuses on customers in Saudi Arabia and Egypt. The platforms primarily offer online air travel booking.
Musafir brings a broader portfolio of travel services, including visa services, holiday packages, corporate travel and B2B agency solutions. The proposed combination is expected to give customers access to a wider range of integrated travel products and services.
Shaikh Mohammed Abdulla Mohammed Al-Thani, Co-Founder & Chairman of Musafir Holdings, said the acquisition reflects the group’s confidence in the long-term growth of the Middle East travel market.
Sachin Gadoya, Co-Founder & CEO of Musafir Holdings, said Cleartrip.ae and Flyin.com are a natural fit for Musafir and that the combination would offer customers more choice and a broader range of travel products.
Stuart Crighton, Founder & Chairman of FLYCT, said he was proud of the growth of Cleartrip.ae and Flyin.com and described Musafir as a suitable partner to take the business forward.
Musafir Holdings operates four complementary businesses: Musafir Business, its corporate travel arm; Musafir.com, its consumer travel platform; SNTTA, which provides airline GSA representation; and JETT, its travel technology business.
The group serves customers across the UAE, Saudi Arabia, Qatar and India.
The proposed acquisition marks another development in the Middle East’s travel sector, bringing two established consumer booking platforms into a broader regional travel group, subject to completion of the transaction and regulatory approvals.
