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 December 3, 2018

Tramada Turns On Post-Booking NDC Plumbing With CTM

Last week, a group of travel management companies in an open letter likened New Distribution Capability to a "half-built house." They want to deliver on the standard's promise of richer content for clients, they wrote, but they must enable their own new distribution capabilities to "fulfill customer requirements of comparability, policy control, cost management, reporting and duty of care." Read More »
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Posted November 27, 2018

Urged 'To Do More' On NDC, TMCs See A Key Role And 'A Half-Built House'

A group of 15 travel management companies, including American Express Global Business Travel, BCD Travel, Carlson Wagonlit Travel and Egencia, signed an open letter in response to travel buyers who had urged the industry "to do more" to advance the New Distribution Capability standard and account for buyer needs. Read More »
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Posted November 26, 2018

BCD Travel To Test NDC Bookings With Lufthansa Group, Non-GDS Aggregators

BCD Travel early next year plans to pilot New Distribution Capability bookings with Lufthansa Group and two undisclosed non-global distribution system aggregators. Read More »
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Posted November 23, 2018

Europe Opens Antitrust Probe Into Amadeus And Sabre, Eying Agreements With Airlines, Agencies

The European Commission on Friday announced it has opened an investigation into Amadeus and Sabre to explore whether the agreements each has with airlines and travel agencies "restrict competition in breach of E.U. antitrust rules." Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 15, 2018

Second Circuit To Hear Sabre, American Appeals On US Airways Suit Next Month

The U.S. Second Circuit Court of Appeals on Dec. 13 will hear arguments from Sabre and American Airlines on their respective appeals of various rulings and decisions in the antitrust case, initially filed by US Airways in 2011, that a jury decided two years ago, according to a scheduling notice this week. Read More »
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Posted November 14, 2018

Sabre Agrees To Acquire Farelogix To Boost Airline Retailing And NDC Stature

Sabre has agreed to acquire 100 percent of Farelogix for $360 million. Read More »
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Posted November 13, 2018

Amex GBT Partners With Lola To Fill A Gap For The Small And The Simple

American Express Global Business Travel today is announcing a commercial deal with Lola to fill a product gap in the mega travel management company's product portfolio for small and midsize companies that have less complexity than typical Amex GBT clients. Lola, meanwhile, gains a large ally to boost adoption of its technology for travelers and travel program administrators in the lightly managed corporate travel sector. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 9, 2018

Cash Flowing, Startups Growing In A Big Year For Corporate Travel Venture Funding

A few years ago, startups going explicitly after the corporate travel market were few and far between. Now, the number of new entrants and tech providers entering is growing, and so is the sum of venture capital behind them. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
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