Shelton, a former marketing director at Virgin Holidays, joined Cheapflights in a corresponding role before being named managing director in September 2015.

The news comes after the acquisition of Cheapflights’ parent company Momondo Group by Priceline Group which was finalised yesterday (July 24).

Momondo will now operate under Priceline’s travel search business Kayak.

Shelton said: “I was very pleased by yesterday’s announcement, and am confident that Cheapflights has an exciting future as part of the Kayak family.

“I can confirm that I will be leaving to pursue new opportunities but in the meantime will be working with the team to ensure a smooth transition.”

He added: “I have found it immensely rewarding to be part of the growth of Cheapflights and see it go from strength to strength over the last three years, and this is the beginning of an exciting new chapter for the business.”