Sabre has proposed to the U.K. Competition and Markets Authority a package of behavioral remedies that fall short of the regulator's tentative decision to block its Farelogix acquisition. The remedies resemble commitments Sabre CEO Sean Menke last year made to airline executives and track closely to concessions Sabre offered to CMA before the U.K. regulator escalated its review.
Industrywide global distribution system air bookings faced a "weak industry backdrop" and contracted worldwide during the fourth quarter of 2019, Amadeus reported on Friday. That was before the coronavirus outbreak and its still-evolving effects stifled travel demand further in the opening months of 2020.
Industry first-quarter global distribution system bookings to date have dropped in the "mid-teen" percentages as a result of the coronavirus, Sabre reported Wednesday, and the company expects to take a quarterly revenue hit of at least $100 million.
Travelport during the next two years "will be moving to a next-generation platform" that will deemphasize the legacy Apollo, Galileo and Worldspan global distribution system cores, CEO Greg Webb said in a Tuesday interview with The Beat.
British Airways this week raised some corporate card surcharges and introduced a variable-rate fee structure based on card scheme and market. Further, it has added Ireland, Germany and the Netherlands as markets where its corporate card surcharges apply.
Australia-based Corporate Travel Management lowered its earnings outlook for its 2020 fiscal year, which ends in June, due to the unpredictable COVID-19 outbreak centered in China.
Airlines plan to rely on global distribution systems less and direct websites and GDS-bypass more. Most airlines that signed a GDS contract in the past three years used during negotiations the threat of shifting bookings. Meanwhile, a plurality of airlines expressed concerns about the pending Sabre-Farelogix tie-up. These are among the findings of a U.K. Competition and Markets Authority survey of 29 airlines, including some of the largest in the U.S. and Europe, fielded as part of its months-long probe into the Sabre-Farelogix deal.
Sabre since November 2018 has been waiting to seal its acquisition of Farelogix. It now has longer still to wait as the deal's fate rests on conclusions of two critical reviews on both sides of the Atlantic.
British Airways' plan to impose agency debit memos on passive segments in global distribution systems will introduce a new financial headache for travel management companies, but Travelfusion is piloting a remedy.
Google ITA plans to launch NDC-compatible application programming interfaces and already "builds and manages direct connect APIs" for airlines, according to the U.K. Competition and Markets Authority's recap of an October 2019 meeting.