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Articles tagged “gdss”

Online Travel

Lufthansa Hikes Its Third-Party Booking Fee Despite the Crisis

If you think all airlines will lower their fees to encourage more bookings during the pandemic, think again.

Lufthansa Hikes Its Third-Party Booking Fee Despite the Crisis

Online Travel

Travelport Gets Stiffed by Coronavirus as Wex Walks Away From $1.7 Billion Payments Deal

It is likely back to square one for Travelport, which has tried to sell its hottest commodity, payments provider eNett, for years. It's possible another buyer may emerge, but at a price far below the $1.7 billion deal that the parties struck in a now-vaporized bygone era.

Travelport Gets Stiffed by Coronavirus as Wex Walks Away From $1.7 Billion Payments Deal

Airlines

Sabre Stops Selling Most Finnair Tickets in Contract Spat

It's rare for airline contract disputes with distribution companies to reach this outcome. Finnair will suffer financially until it cuts a deal. Sabre, for its part, risks embarrassment if it's seen as bullying a midsize carrier. Nobody usually ends up winning in these classic games of chicken.

Sabre Stops Selling Most Finnair Tickets in Contract Spat

Online Travel

Sabre Will See Revenue Fallout From Jet Airways Collapse and 737 Max Grounding

Sabre is engaged in a tough but necessary technology transition. Beyond the system outages it has experienced recently, some of the events impacting its financial results, namely the Jet Airways financial collapse and the Boeing 737 Max groundings, are beyond the company's control.

Sabre Will See Revenue Fallout From Jet Airways Collapse and 737 Max Grounding

Airlines

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

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.

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

Online Travel

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

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.

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

Airlines

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

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.

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

Business Travel

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

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.

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

Online Travel

European Regulators Will Focus on Distributors’ Restrictive Airline Contracts

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.

European Regulators Will Focus on Distributors’ Restrictive Airline Contracts

Online Travel

European Commission Is Probing Travel Distribution Systems for Anticompetitive Practices

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.

European Commission Is Probing Travel Distribution Systems for Anticompetitive Practices