TBO has officially announced its agreement to acquire Classic Vacations, a U.S.-based luxury travel wholesaler, from Phoenix-headquartered Najafi Companies. The deal is valued at up to USD 125 million (INR 1,100 crore) and marks a major milestone in TBO’s expansion strategy. This acquisition combines TBO’s advanced technology-driven platform with Classic Vacations’ robust network of luxury travel advisors and suppliers.

Classic Vacations generated USD 111 million in revenue and an operating EBITDA of USD 11.2 million for the fiscal year ending December 31, 2024. With nearly five decades of brand recognition, Classic Vacations has built strong relationships in the premium travel sector, making it an ideal fit for TBO’s vision of scaling its global footprint.

According to Gaurav Bhatnagar, co-founder and joint managing director of TBO, “Classic Vacations has consistently delivered outstanding service, earning the trust of over 10,000 travel advisors across the U.S. Their expertise aligns perfectly with our mission of redefining global travel through innovation and scale.” Bhatnagar emphasised that the Classic Vacations brand will continue independently while leveraging TBO’s extensive technological and distribution strengths.

Ankush Nijhawan, co-founder and joint managing director of TBO, added that the acquisition underlines the company’s broader strategy of pursuing both organic and inorganic growth. He highlighted that TBO is actively open to future strategic partnerships that strengthen its portfolio and further position it as a global leader in premium and luxury travel solutions.

Melissa Krueger, CEO of Classic Vacations, expressed enthusiasm for the partnership, stating, “TBO’s technology-first solutions are designed to empower travel advisors with unparalleled tools, resources, and insider access. This integration ensures we bring even more value to our advisors and clients.” Krueger stressed that the collaboration enhances Classic Vacations’ role as the premier luxury travel partner while expanding its global reach.

This acquisition signals a new phase for both companies, bringing together complementary strengths to serve an evolving luxury travel market. With demand for high-end travel projected to surge worldwide, the partnership positions TBO and Classic Vacations to accelerate growth, maintain brand trust, and deliver seamless experiences to customers, suppliers, and employees across the globe.

Centrum Air, Uzbekistan’s largest private airline, has announced the launch of direct scheduled flights between Delhi and Tashkent, starting from October 3, 2025. The new service aims to strengthen air connectivity between India and Uzbekistan, offering travellers an affordable, comfortable, and time-efficient travel option.

The flights will operate twice weekly, every Tuesday and Friday, providing flexibility and convenience for both business and leisure travellers. Centrum Air’s modern fleet, including Airbus A320neo, A321neo, and the wide-body A330-300, will be deployed on this route to ensure a safe and comfortable journey.

According to the announced schedule (local time), flights from Delhi will depart at 12:10 and arrive in Tashkent at 14:50. From Tashkent, flights will leave at 06:55 and land in Delhi at 10:55. These timings are designed to offer smooth connections and ease of travel for passengers.

Abdulaziz Abdurakhmanov, Founder and CEO of Centrum Air, expressed pride in opening the direct Delhi–Tashkent route. He emphasized that the service would not only improve travel convenience but also enhance Uzbekistan’s role as a regional hub, linking India to Central Asia, Europe, and the Middle East.

Abhishek Goyal, Executive Director & CEO of Aeroprime Group, highlighted the significance of being Centrum Air’s exclusive GSA in India. He stated that the partnership would bring immense opportunities for tourism, business, and trade, while ensuring competitive fares and strong support for passengers and cargo operations.

With Aeroprime Group managing sales, marketing, and customer services in India, travellers can expect seamless experiences. Additionally, the new service offers convenient onward connections from Tashkent to destinations such as Almaty, Istanbul, Dubai, Tel Aviv, and Copenhagen, making it a valuable option for both direct and transit passengers.