Travel and Transport has acquired 100 percent ownership in travel agency network Radius Travel, of which it was a founding member, a longtime equity holder and an active participant, the company announced Monday. Financial terms were not disclosed.
Short's Travel Management this month launched a dedicated ground transportation division that specializes in bus charters.
The U.S. Department of Transportation extended its review period for a batch of resolutions that the International Air Transport Association filed last month. The decision came at the urging of the American Society of Travel Advisors, the Global Business Travel Association and The Travel Technology Association, which asked for more time to review a few IATA-approved resolutions, including one related to the One Order standard.
Travel and Transport has acquired London-based travel management company Statesman Travel Group.
Travelport president and CEO Gordon Wilson kicked off The Beat Live event this month and addressed airline control and commercial models in the context of the International Air Transport Association's New Distribution Capability standard-making endeavor.
In total, the U.S. federal government is the largest buyer of travel in the world. And so, when a portion of the government goes unfunded and hundreds of thousands of civilian employees are furloughed or working without pay, a negative impact on suppliers and intermediaries that serve federal travel programs is expected.