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 »
Posted by: Jay Boehmer | More by Jay Boehmer
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
Posted November 7, 2018

Amadeus Isn't Sweating GDS Disintermediation, Despite European Carrier Actions

Amadeus during its third-quarter results presentation Wednesday acknowledged that moves by the three largest European airline groups to surcharge global distribution system bookings and drive bookings directly to their own channels are playing a role in disintermediating the GDSs. Yet, CEO Luis Maroto said he wasn't too worried about an acceleration in disintermediation. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted November 5, 2018

Parent of BA And Iberia Touts NDC Gains A Year After GDS Surcharge Launch

British Airways and Iberia parent International Airlines Group told investors last week that 17 percent of its indirect distribution volume is flowing through application programming interfaces or New Distribution Capability-based connections. IAG director of strategy Robert Boyle said the group is well positioned to beat the target of delivering 20 percent of indirect volume by 2020 as a participant in the International Air Transport Association's Leaderboard initiative. 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 31, 2018

CTM Concedes Misstatements On Patents And Office Locations But Slams Hedge Fund's Short Thesis

Publicly traded Australian travel management company Corporate Travel Management spent this week in damage control mode following a damning report from a hedge fund. That hedge fund has taken a short position in the company's stock and stands to gain on a fall in CTM's share price. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted October 30, 2018

New CWT Deal Starts To Move Share To Sabre

Total bookings processed via the Sabre global distribution system rose nearly 8 percent year over year during the third quarter to 140 million, the company reported Tuesday. Air bookings rose 8 percent to 123 million, while non-air bookings, including lodging and ground, rose 7 percent to 17 million. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted October 24, 2018

Travelfusion Becoming A Bigger Player On The Still Small NDC Stage

Travelfusion handled 30,000 NDC bookings in September, up from 10,000 in March, CEO Moshe Rafiah told The Beat last week. He expects 35,000 bookings in October and projects 20 percent growth monthly for the foreseeable future. Read More »
Posted by: Amon Cohen | More by Amon Cohen
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
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