Posted January 16, 2019

Before Take-Private Deal, Travelport Explored Other Options, Suitors

In the run-up to Travelport's agreement last month to go private with Siris Capital Group and Evergreen Coast Capital, 10 different "financial sponsors" and five "strategic parties" emerged as potential suitors for the global distribution system operator or its assets. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted January 10, 2019

Air India Goes Dark In Amadeus, Following Travelport's Exclusive Deal

Last month, Air India stopped participating in the Amadeus global distribution system, and the carrier plans to limit participation in Sabre next year. The actions follow an exclusive distribution agreement Air India inked with Travelport, which will see the GDS operator, hungry for growth in India, become the sole distributor of Air India's domestic fare content in the carrier's home market. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted December 14, 2018

Sabre Seeks Settlements Directly With Plaintiffs To Resolve GDS Consumer Suit

As the only remaining defendant in a consumer-led lawsuit against the three major global distribution systems, Sabre has moved to settle out of court with each of the remaining plaintiffs. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted December 10, 2018

Travelport Agrees To Go Private

Publicly traded global distribution system operator Travelport has agreed to be taken private by Siris Capital Group and Evergreen Coast Capital, which plan to buy outstanding common shares for $15.75 each and assume Travelport's debt in a deal valued at $4.4 billion, the company announced Monday. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted December 6, 2018

Report: Travelport Private Equity Acquisition Is Nigh

A consortium that includes Siris Capital Group and Elliott Management are in late-stage talks to acquire Travelport, Reuters reported Thursday, citing unnamed sources. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 1, 2018

Travelport GDS Segments Fall On 'Customer Headwinds'

Global distribution system segments processed by Travelport—including air, hotel, car and rail—fell 4 percent year over year during the third quarter amid "customer headwinds," the company reported Thursday. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted October 23, 2018

Travelport Claims A GDS First With NDC Flight Transaction

A U.K.-based travel management company last week transacted a flight booking on Travelport's Smartpoint point-of-sale system in accordance with the International Air Transport Association’s New Distribution Capability standard. Travelport claimed to be the first major global distribution system to do so. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted October 16, 2018 - Atlanta

GUEST: Travelport CEO On Airline Control And Commercial Models In An NDC World

Travelport president and CEO Gordon Wilson kicked off The Beat Live event this month and addressed airline control and commercial models in the context of the International Air Transport Association's New Distribution Capability standard-making endeavor. Read More »
Posted by: Gordon Wilson | More by Gordon Wilson
Posted October 11, 2018

Consumer-Led GDS Lawsuit Fails To Secure Class Action Status, Sabre Holds Out On Settling

A consumer-led federal antitrust lawsuit filed in 2015 against the three major global distribution system operators has not achieved the class action status originally sought by plaintiffs, according to a court order this month. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted August 30, 2018

CWT Sidelines Travelport With New Amadeus And Sabre Deals

This morning, Amadeus announced Carlson Wagonlit Travel entered into "a multi-year renewal and expansion of a long-term business partnership." Sabre, too, inked CWT to "a new long-term agreement that broadens their long-standing business partnership and deepens the companies' close collaboration on technological innovations being developed for mutual growth and success." Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
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