Sabre is "making positive progress" with Lufthansa Group a week before their distribution agreement expires.
After months of lockdown, the allure of travel has never been stronger. At the same time, the necessity of travel has never been so much under question, writes American Express Global Business Travel CEO Paul Abbott.
TripActions this week announced $125 million in "convertible-to-IPO financing," laying bare its ambitions for an initial public offering. Someday.
Why are the global distribution systems still paying us? When we're the ones using their software, their technology, shouldn't we be paying them? This is a question I have been asking for a number of years, writes Aash Shravah, general manager of travel management company JTB Business Travel.
Following the collapse of its acquisition by Sabre, Farelogix has agreed to be acquired by Accelya.
While travel demand in all sectors remains deeply depressed, consensus is growing that leisure travel is emerging as the first-mover on travel's path to recovery, according to travel agency executives, distribution operators and ticketing data.
Travel activity is depressed and some of Journera's biggest-name customers are in survival mode. Those inconvenient truths haven't stopped the real-time travel data exchange led by Jeff Katz from taking in $11.6 million in Series B funding, announced Wednesday.