JTB Business Travel isn't alone in advocating a shift away from transactional pricing. Yet, the model it advocates blends fixed annual client fees with traveler support regardless of where they book, placing the TMC in outlier territory.
Southwest Airlines at year-end will stop participating in the feature-light basic booking request distribution model it has deployed with Sabre, the carrier said this week. During an earnings call Thursday, Southwest president Tom Nealon said the airline no longer is engaged in talks with Sabre after two years of fruitless attempts to reach a new distribution pact.
Travelport this week reached a standstill agreement that would keep lenders from imminently accelerating billions of dollars in debt repayment or taking other actions that could devastate the global distribution system operator.
Travel companies that store data on European citizens in the United States are potentially on the wrong side of European law after the European Union Court of Justice last week invalidated Privacy Shield, a much-used mechanism for protecting EU-U.S. data transfers, and effectively threatened to scotch another: standard contractual clauses.
Sabre may have walked away from its proposed acquisition of Farelogix after U.K. authorities blocked its closing, but the global distribution system operator since has been engaged in lingering disputes rooted in the deal.
Since the onslaught of Covid-19, companies have exerted more control over employee travel: who can, under what circumstances, where they can go, or if they're allowed to at all. Travel freezes, aside from trips deemed "essential," have become common. So, too, has a tighter embrace of pre-trip approval processes and polices. If not ubiquitous, pre-trip approval is a new normal in managed travel.
Travelport this week asked a New York state court for a temporary restraining order and preliminary injunction to prevent a group of lenders from accelerating billions of dollars in debt repayment.