The U.S. Department of Justice on Tuesday filed a federal antitrust lawsuit to block Sabre's proposed acquisition of Farelogix.
Following its first-phase review of Sabre's proposed $360 million acquisition of Farelogix, the U.K. Competition & Markets Authority on Friday expressed concerns, fearing the deal could diminish competition, reduce innovation and lead to higher prices or lower-quality service for airlines, travel agencies and consumers. As such, the CMA now is prepared to escalate its review.
Sabre announced it will proceed to close its acquisition of Farelogix next week, but it faces a potential suit by the U.S. Department of Justice that could challenge the transaction. DOJ has yet to file a federal complaint and did not immediately reply to The Beat to comment on its plans. Yet, Sabre on Wednesday noted that DOJ, "under the terms of its timing agreement with Sabre," must file a federal complaint by Aug. 21 if it elects to challenge the acquisition.
The legacy cryptic global distribution system interfaces used by frontline travel agents are regularly met with derision and confusion. If these text-based, monochromatic screens look like a prior generation's technology, it's because they are.
The Beat Live is right around the corner and kicks off in less than six weeks in New York City.
Many airlines seek to drive more bookings directly to their own channels and bandy about New Distribution Capability as the future of distribution connectivity. Southwest Airlines, whose direct-booking share is enviable to other airlines, is zigging while they zag.
BCD Travel has acquired Adelman Travel Group. The Milwaukee‐based travel management company will operate as a wholly owned business unit of the mega TMC while maintaining its brand, leadership and employees. After months of negotiations, BCD and Adelman completed the deal last Wednesday.
After shopping around and demoing bot builders, Gant tapped internal resources and tools readily available—including from its customer relationship management platform, Salesforce—to breathe life into Gia, the Gant Interactive Assistant.