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CTM To Acquire Travel And Transport

Publicly traded Australia-based travel management company Corporate Travel Management has reached a binding agreement to acquire Omaha, Neb.-based Travel and Transport in a deal valued at US$200.4 million. The major TMC tie-up, announced Monday evening in the United States, catapults the combined TMC to the top tier of multinational corporate agencies by size and reach.
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Singapore Airlines Puts Carrots Before Sticks As It Dangles NDC To U.S. Agencies

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Internova Expands Health And Safety Hotline Partnership

Internova Travel Group has expanded its partnership with risk specialist Exlog Global, which this summer began supporting Internova's Altour with a 24/7 hotline to field health and safety queries from travelers and travel managers.
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Top Priorities For Business Travel Programs

Top Priorities For Business Travel Programs
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INTERVIEW: CWT CEO Kurt Ekert

INTERVIEW: CWT CEO Kurt Ekert

CWT CEO Kurt Ekert spoke with The Beat editor-in-chief Jay Boehmer on the company's new operational structure, its recent capital raise and debt exchange as well as corporate client relationships. "We've spent the shutdown period recalibrating and thinking about what will determine who wins in the long term in the industry," he said.
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Travelport And Lenders Make Peace, Reach New Financing Deal

Travelport has resolved a legal dispute with a group of lenders and reached a new financing arrangement, in "which, among other things, [Travelport's] existing lenders will provide $500 million in new funding to the company," the global distribution system operator announced.
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United Taps ARC To See U.S. Corporate Contracting Through A Different Prism

United Airlines is preparing to move its U.S. point-of-sale corporate customers to a new data reporting method for monitoring contract performance, which it began to develop with ARC last year.
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Former Travelport Employee's Antitrust Price-Fixing Suit Fizzles On Dismissal

A former Travelport employee's U.S. federal lawsuit against her former employer alleging a global distribution system price-fixing scheme in the United Arab Emirates has been voluntarily dismissed, according to a joint notification from the litigants last week and stamped in by an order from the judge this week.
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Manhattan Hotel Rooms Currently Closed By Tier

Manhattan Hotel Rooms Currently Closed By Tier
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Air France-KLM Asserts 'Control' Over Content, Channel Partners In Amadeus Deal

Amadeus last week announced a bellwether distribution agreement with Air France-KLM that serves as a framework for the global distribution system operator to be an aggregator of Air France-KLM's New Distribution Capability-piped content. Speaking with The Beat Monday, Air France-KLM vice president of distribution Emmanuelle Gailland emphasized airline control in the deal's structure, both over the content it delivers and to which agencies it distributes.
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