Sabre expects its $360 million acquisition of Farelogix to close in the "mid part of the year," later than expected, as the U.S. Department of Justice takes a deeper look at the proposed transaction, Sabre president and CEO Sean Menke said Tuesday during the company's fourth-quarter financial results call.
Sabre has agreed to acquire 100 percent of Farelogix for $360 million.
Qantas this week announced that a few partners have agreed to access content through its new Farelogix-powered application programming interface that is based on the International Air Transport Association's New Distribution Capability standard.
Through the end of the year, the Lufthansa Group will offer a 1 euro per-segment incentive for travel agencies in the U.K. and Ireland that book through its Farelogix-powered SPRK point-of-sale application, the group announced.
In June 2017, American Airlines announced a distribution offer that included a $2 per-segment incentive to any agency that booked through approved application programming interface connections. At the time, agencies had to issue a ticket through American's API connection by the end of 2018 to lock in the incentive through 2020. VP of sales and distribution strategy Cory Garner this week said the airline will give agencies another year to take the offer.
Australian flag carrier Qantas introduced a new commercial structure for travel agencies to promote adoption of New Distribution Capability-compatible connections, either through a global distribution system or another approved tech provider. Its pitch to agencies includes the threat of a $12.50 per-segment surcharge on GDS bookings and diminished content access but also a private channel-type framework as a path for agencies to avoid both.
Travelport today became the first global distribution system operator to achieve the International Air Transport Association's highest-level certification as an aggregator under the New Distribution Capability initiative. As such, Travelport made good on its target to achieve Level 3 NDC status by early 2018.