Posted November 4, 2016

Amadeus Outpaces GDS Market In The Third Quarter

The market for global distribution system worldwide air bookings among major operators expanded 3 percent during the third quarter, and Amadeus once again grew faster than the market, the company reported Friday. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted August 4, 2016

Travelport Grows, Diversifies Revenue Amid Flat Q2 Bookings

Travelport reported flat year-over-year booking trends for the three months ending June 30, with declines in the United States and gains generally elsewhere, according to second-quarter results released Thursday. As in quarters past, the global distribution system operator continued to offset no-growth transaction trends with higher revenue per segment and big gains in "Beyond Air" revenue, which includes payments as well as hotel and car streams. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted February 28, 2014

Amadeus: Global GDS Market Share Surpasses 40 Percent

Amadeus in 2013 grew its global distribution system market share of worldwide agency air bookings by 1.5 percentage points year over year to 40.1 percent. More than any other region, a surge in North America bookings attributed to "recent contact wins" has driven the gains. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted February 4, 2010 - Lombard, IL

Concur Plans New Fraud Detection Tools, Geographic Expansion

A combination of new products, deeper penetration of services into its 10,000 existing clients, and expansions to both new geographies and smaller businesses are expected to drive new revenue growth at Concur, chairman and CEO Steve Singh said Wednesday. Its new partnerships with American Express Business Travel and Amadeus are designed to support the growth plans, Singh said.

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Posted December 1, 2008 - New York City

HRG Reports First Half Growth But Lower Oct.-Nov. Client Demand

Hogg Robinson Group last week reported a 71 percent higher net profit of 4.1 million pounds and 11 percent growth in revenue to 171 million pounds for the six-month period ending in September Read More »
Posted by: Jay Campbell | More by Jay Campbell
Posted October 21, 2008 - New York City

Amex To Announce Restructuring That Includes Staff Cuts

American Express later this quarter will take restructuring charges and implement a reengineering program. Read More »
Posted by: Jay Campbell | More by Jay Campbell
Posted October 15, 2008 - Danbury, Conn.

Demand In Spotlight As Carriers Tread Water

Executives from Delta Air Lines and American Airlines on Wednesday told financial analysts that they are closely monitoring the weakening demand environment and are prepared to further pare operations should circumstances warrant. While falling air t Read More »
Posted by: David Jonas | More by David Jonas
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