A former family owner of World Travel, Inc., and the trustee that oversaw the formation of the travel management company's employee stock ownership plan have agreed to settle a proposed class action filed by former employees.
Russia-based airlines that had adopted passenger services systems from Western companies have been forced to migrate to local-market operators, impacting both Amadeus and Sabre.
The Tarrant County, Texas, court that had overseen a breach-of-contract lawsuit American Airlines filed last year against Sabre has dismissed the case with prejudice, Sabre revealed in a quarterly U.S. Securities and Exchange Commission filing this week. The dismissal came at the companies' request.
Sabre expects the level of bookings it gets from BCD Travel to accelerate this quarter and into 2023 as part of an expanded agreement, Sabre executives said Wednesday during a quarterly conference call with investors and analysts.
The travel management company reaction to American Airlines' newly announced distribution strategy this week has been quiet on the surface and wary beneath it.
American Airlines has reached "long-term" New Distribution Capability-based agreements with Amadeus, Sabre and Travelport, the carrier announced Monday. The deals give American "content flexibility" and the freedom "to offer its best content, products and fares through NDC connections and direct channels," according to the airline.
A collaboration between Cornerstone Information Systems and Farenexus Group on TripActions' behalf has catapulted the two agency tech providers into a new partnership.
ATPCO's goal for the airline industry to dynamically generate 80 percent of flight offers by 2026 is admittedly ambitious, president and CEO Alex Zoghlin said in an interview.
Scandinavian Airlines' newly proposed distribution model is drawing consternation from agency groups and facing questions from corporate travel buyers.
Stock analysts expect the world's largest travel management company to gain share and outpace the collective competitive set. Analysts also expect American Express Global Business Travel's share price to climb from levels that are hanging down from its public debut.