Corporate Travel Management landed its first U.S. travel agency acquisition in well over three years when in the closing days of December it inked a deal to acquire Texas-based Corporate Travel Planners, effective Jan. 1.
Business spend management software company Coupa has acquired Yapta, a provider of airfare and hotel price assurance technology, the companies announced Tuesday.
Flight Centre Travel Group's FCM Travel Solutions on New Year's Eve inked a deal to take an undisclosed minority stake in corporate travel startup Shep. The deal adds to the Australia-based agency group's investments in and strategic partnerships with corporate travel tech entrants, including Upside and 30SecondsToFly.
The exclusive deal Travelport struck with Air India in 2018 took effect at the turn of the year, the company confirmed, making it the sole global distribution system operator that has access to Air India's domestic content in the carrier's home market.
U.K.-based travel management company Click Travel this month launched an annual subscription pricing plan designed for small and midsize businesses breaking into managed travel.
A relative newcomer to the corporate travel industry, Fox World Travel CIO Sam Hilgendorf submitted this column on the New Distribution Capability initiative and its implications for airline distribution, the travel supply chain and corporate travel.
More than 20 carriers have committed to process by the end of 2020 at least 20 percent of indirect sales through application programming interfaces that align with the New Distribution Capability standard. Whether they all meet that deadline is debatable.
The U.S. Justice Department and Sabre don't agree on much in the former's lawsuit to block the latter's acquisition of Farelogix, but the two are in accord on one thing: settling their dispute out of court is "very unlikely."