Articles tagged “gdss”

United Threatens to Cut Access to Flights Departing After September, Expedia Alleges

United Threatens to Cut Access to Flights Departing After September, Expedia Alleges

Dennis Schaal, Skift

Is this all just posturing in negotiations between United and Expedia? It certainly could be but filing a lawsuit about it while a contract is in place takes things to a new level.

2 months ago

The Inside Story of an Activist Investor’s Fight for Travelport

The Inside Story of an Activist Investor’s Fight for Travelport

Sean O'Neill, Skift

Few companies other than activist investor Elliott Management expressed a serious interest in acquiring Travelport. Elliott twice lost potential private equity partners after they reviewed Travelport's books. The deal price is underwhelming, and that's a signal that some things haven't been going the company's way.

3 months ago

Recession Watch: The Debt Load of the Travel Industry’s Public Companies

Recession Watch: The Debt Load of the Travel Industry’s Public Companies

Dennis Schaal, Skift

When it comes to their debt, easyJet has a much more liquid position than Ryanair, while United and Delta have a lighter debt burden relatively speaking than American Airlines. In the event of a recession, debt loads would be one critical factor among many in hamstringing or contributing to a company's ability to maneuver.

3 months ago

Travel Advisor Innovation Report: Bleisure Trend a Mixed Blessing for Agents

Travel Advisor Innovation Report: Bleisure Trend a Mixed Blessing for Agents

Maria Lenhart, Skift

As more business travelers view their trips as working vacations, travel advisors must draw on both corporate and leisure travel-planning skills. It's no simple challenge, but it's necessary given the strength of the bleisure travel trend.

4 months ago

European Regulators Will Focus on Distributors’ Restrictive Airline Contracts

European Regulators Will Focus on Distributors’ Restrictive Airline Contracts

Sean O'Neill, Skift

It's anyone's guess whether travel distribution giants Amadeus and Sabre might have run afoul of the European Union's rules. But a look at the history of those companies' airline contracts provides clues as to what might be top of mind with investigators.

5 months ago

European Commission Is Probing Travel Distribution Systems for Anticompetitive Practices

European Commission Is Probing Travel Distribution Systems for Anticompetitive Practices

Dennis Schaal, Skift

Over the years, the big global distribution systems have been a major barrier to innovation by airlines and travel startups, in particular. The European Commission now intends to take a serious look at this dynamic.

5 months ago

Travelport Sees India as Its Path to Reverse Market Share Losses

Travelport Sees India as Its Path to Reverse Market Share Losses

Sean O'Neill, Skift

Gordon Wilson, the CEO of Travelport, said in an interview that he sees India as one of the drivers of its long-term growth. That's plausible, but not assured. Private equity should take the company private to shield it from quarterly earnings pressure, and allow it to invest properly to make the most of its varied opportunities.

6 months ago

Amadeus Hospitality Is a Tough Sell Despite Progress With InterContinental Hotels Group

Amadeus Hospitality Is a Tough Sell Despite Progress With InterContinental Hotels Group

Sean O'Neill, Skift

Amadeus hopes to clear some of the underbrush that's grown up in hotel technology. If it succeeds, it will likely reshape the costs and systems used for selling rooms industrywide.

9 months ago

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.

12 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.

1 year 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.

1 year 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.

1 year ago