The U.S. Department of Transportation last month withdrew an Obama-era initiative to review airline distribution practices with public input from industry and consumer stakeholders.
Sabre and Lufthansa Group not only have salvaged a deal to preserve traditional GDS access but this week announced a "landmark" agreement to extend the group's New Distribution Capability-based content to Sabre users.
BCD Travel president and CEO John Snyder expects the pandemic to prompt "a fair amount of consolidation" among travel management companies, especially involving small and midsize agencies, a process in which he expects his company to play a role.
Payment company Wex has completed its acquisition of eNett, the travel payment technology business majority-owned by Travelport, and another payment business, Optal, for a combined cut price of $577.5 million in cash.
American Express Global Business Travel on Monday announced a breakthrough agreement to access Lufthansa Group's New Distribution Capability-based content. The deal sets the course for NDC access through the travel management company's preferred channel: the global distribution systems.
Despite encouraging news on the Covid-19 vaccine front, United CEO Scott Kirby does not expect a significant recovery for corporate travel until "towards the end of next year," he said during an interview Thursday at The Beat Live virtual conference.
The Beat presented the Readers' Choice awards on Thursday at its 13th annual The Beat Live, which broadcast live in a virtual format.
This year's event is open to all paying subscribers of The Beat at no additional cost.