Cryptic crossword clue
Guild formed by group of companies about to take off 5

The most common and most likely answer to this crossword clue is the 5 letter word ARTEL

A
R
T
E
L

Buddy explains!

The straight part
We know that "Guild" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case guild = artel.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does ARTEL mean?

ARTEL noun
  1. A Russian or Soviet craftsmen's collective.

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