British Airways this spring will expand the number of price points available for its European short-haul business class product, having already instituted a similar concept for short-haul economy class. Agencies will need a New Distribution Capability connection or will have to go to the airline directly to access the full range of BA's additional price points, the airline stated this month.
Publicly traded Australian travel management company Corporate Travel Management spent this week in damage control mode following a damning report from a hedge fund. That hedge fund has taken a short position in the company's stock and stands to gain on a fall in CTM's share price.
Short's Travel Management this month launched a dedicated ground transportation division that specializes in bus charters.
On Tuesday, British Airways began testing new inventory buckets in business and economy classes on Boston and Dubai routes, some of which only are available for purchase through the airline's direct channels or New Distribution Capability-compatible connections.
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.
Discussing the International Airlines Group's approach to global distribution systems in May, CEO Willie Walsh said British Airways and Iberia were "prepared to take some short-term pain to get some long-term structural change in that relationship."
Next month, Lufthansa Group will begin selling its "best fares" exclusively through direct channels. British Airways, too, has plans to withhold some price points for short-haul fares from the traditional agency channel. Several major U.S. airlines would like to do the same, if only they weren't bound by global distribution system contract provisions that Lufthansa, BA and other European airlines have declined.
Effective Oct. 9, Lufthansa Group will remove its Light brand of economy fares and Business Saver business class fares entirely from the three major global distribution systems in the German market.
A U.K.-based travel management company last week transacted a flight booking on Travelport's Smartpoint point-of-sale system in accordance with the International Air Transport Association’s New Distribution Capability standard. Travelport claimed to be the first major global distribution system to do so.
Not content with having raised $21 million in Series B investment in April 2018, new-gen travel management platform TravelPerk has successfully passed the hat around a second time in the same year. The company announced this week that it has drummed up Series C funding of $44 million, backed by technology investors such as Kinnevik, Yuri Milner and Tom Stafford.