CWT and its associated entities this month formally began soliciting creditors to vote in favor of a proposed pre-packaged Chapter 11 court-supervised restructuring.
The U.S. Department of Transportation last month closed public comments on its proposed rulemaking that would require airlines to refund fees for delayed checked bags and other ancillary services not rendered. The proposed rule has opened debate between airline and agency groups on their respective responsibilities.
American Airlines and Sabre haven't agreed on much when it comes to the carrier's Texas state contract lawsuit against the global distribution system operator, but they've found common ground in one area. The two litigants this week jointly filed a motion asking the court to close the courtroom to the public at next week's temporary injunction hearing and to seal exhibits and testimony from the hearing.
Lufthansa Group has canceled its contract with Prism, the data consolidation tool through which many airlines insist corporate clients must submit booking information to obtain discounted fares.
Lola on Friday announced that its team is "joining Capital One," following the financial services and credit card company's reported acquisition of the travel tech firm.
By now you may have heard of Spotnana, the corporate travel startup that emerged from stealth mode a couple weeks ago with millions in funding, backing from Concur co-founder and former CEO Steve Singh and other notable names attached, including corporate travel tech luminary Johnny Thorsen and Bill Brindle, formerly in the C-suite at HRG and American Express Global Business Travel.
Three months after Emirates went dark in Sabre, the two companies this week jointly announced a new agreement that ushers in the airline's return to the global distribution system.
CWT confirmed it is readying a prepackaged Chapter 11 bankruptcy petition to accelerate the closing of a recently reached financial restructuring and recapitalization deal.
A onetime Sabre executive who had pleaded guilty to committing wire fraud against his former employer was sentenced this month to 180 days in prison and five years' probation and ordered to pay more than $5 million in restitution.
Flight Centre Travel Group's Corporate Traveler brand this week launched a new proprietary booking, travel management and mobile platform geared toward small and midsize businesses.