Articles tagged “gdss”

Travelport Lost Lucrative Flight Centre Contract to Distribution Rivals

Travelport Lost Lucrative Flight Centre Contract to Distribution Rivals

Sean O'Neill, Skift

No word on yet on what activist hedge fund investor Paul Singer of Elliott Management might try to pressure Travelport do this year. But research analysts expect that, at the very least, the travel technology company will be pressed to spin off its fast-growing eNett payments business.

3 months ago

Sabre Searches for Deal as the Air France-KLM Distribution Surcharge Looms

Sabre Searches for Deal as the Air France-KLM Distribution Surcharge Looms

Andrew Sheivachman, Skift

Wasn't the whole point of these surcharges to prevent the global distribution systems from taking a cut of that juicy ancillary money that is now flowing in? One has to wonder what the terms of Air France-KLM's deal with Amadeus and Travelport really are. For now, it looks like the global distribution systems that took the new distribution capability seriously are reaping the rewards.

4 months ago

Travelport Faces Dramatic Changes if Activist Investor Gets His Way

Travelport Faces Dramatic Changes if Activist Investor Gets His Way

Sean O'Neill, Skift

The last thing travel tech giant Travelport needs is to be sold to private equity. It's still digging out from all the debt Blackstone saddled it with. Our best guess is that it will be forced to partly sell eNett, a payments business.

4 months ago

Activist Investor Pushes for a Travelport Sale to Private Equity

Activist Investor Pushes for a Travelport Sale to Private Equity

Scott Deveau, Bloomberg

Will hedge fund Elliott buy out travel technology company Travelport? Or is it using financial jujitsu and hype to make a quick profit? One thing we know: Distribution companies like Travelport remain valuable.

4 months ago

British Airways Wants to Get Smarter About Selling Airline Tickets

British Airways Wants to Get Smarter About Selling Airline Tickets

Patrick Whyte, Skift

Airlines have long hoped for a technological development that would enable them to take back control from travel's middlemen. The New Distribution Capability was supposed to be that solution, but change of this magnitude takes time. At the moment, the British Airways parent seems more than happy to eat up the cost.

5 months ago

9 Big Challenges Facing Amadeus This Year

9 Big Challenges Facing Amadeus This Year

Sean O'Neill, Skift

Amadeus' track record of profitable growth has been music to the ears of investors. But some airline and hotel executives claim to hear discordant notes in the giant technology vendor's forecasts.

5 months ago

Travelport Is Diversifying With Strong Growth in Payments Tech

Travelport Is Diversifying With Strong Growth in Payments Tech

Andrew Sheivachman, Skift

How is Travelport competing against much bigger companies like Sabre and Amadeus? By creating technology solutions its clients actually want to use while expanding in the world's fastest-growing regions for travel.

5 months ago

Best Travel News Stories of 2017

Best Travel News Stories of 2017

Dennis Schaal, Skift

Our favorites of the year were stories that you could find nowhere else. Each featured hours — or months — of phone calls or in-person interviews, and provided insights about an important development or trend. Each of these talented journalists, you could find nowhere else, either.

7 months ago

Airlines Rebel Against Amadeus’ Fees But Investors Aren’t Worried

Airlines Rebel Against Amadeus’ Fees But Investors Aren’t Worried

Chris Bryant, Bloomberg

On the other hand, 15 airlines from the Middle East and North Africa renewed a 10-year deal for Amadeus distribution services. While some large airlines haggle, many airlines find Amadeus and its peers indispensable, for better or worse.

8 months ago

British Airways Surcharge Means Travel Agents Won’t Get Lowest Fares Through Sabre

British Airways Surcharge Means Travel Agents Won’t Get Lowest Fares Through Sabre

Andrew Sheivachman, Skift

Airlines have learned that standing up to the global distribution system giants can actually yield benefits. It has been a hard-earned victory.

8 months ago

One in Five Amadeus Bookings Subject to New Fees as Air France Adds Surcharge

One in Five Amadeus Bookings Subject to New Fees as Air France Adds Surcharge

Sean O'Neill, Skift

Air France's decision to join Lufthansa and British Airways in leveling surcharges means that 20 percent of the airplane tickets booked through Amadeus would be subject to the new fees. Expect Amadeus to try to undermine the effort with every muscle it has.

9 months ago

Air France-KLM Joins Rivals in Adding Distribution Surcharge

Air France-KLM Joins Rivals in Adding Distribution Surcharge

Patrick Whyte, Skift

Air France-KLM had hinted at adding a distribution surcharge as far back as 2015, so the announcement doesn’t come as a surprise. What it does tell us is that airlines are increasingly confident that the positives of introducing such a fee outweigh any negatives.

9 months ago