Articles tagged “global distribution systems”

Airline Group Turns to Blockchain to Bypass Entrenched Distribution Systems

Airline Group Turns to Blockchain to Bypass Entrenched Distribution Systems

Dennis Schaal, Skift

There have been several new technologies, from the New Distribution Capability to direct-connect, and blockchain, that have at times shown promise in easing the grip of the global distribution systems. For the last 20 years, the incumbent distributors have always managed to exert or shore up their roles.

5 days ago

Lufthansa Faces New Antitrust Allegations in Europe

Lufthansa Faces New Antitrust Allegations in Europe

Patrick Whyte, Skift

There's no guarantee that the European Commission will act on this complaint but it shows that the online travel industry is still very annoyed with Lufthansa's actions.

4 weeks ago

Travelport’s Proposed Buyout Deal May Not End the Drama

Travelport’s Proposed Buyout Deal May Not End the Drama

Sean O'Neill, Skift

The early consensus is that Elliott Management put together a disappointing deal for investors. We cover the case for and against the deal here. But expect larger Travelport investors to consider resisting the deal or hope that a white knight acquirer rides in with a better offer.

1 month ago

Travelport Is Being Taken Private in $4.4 Billion Deal

Travelport Is Being Taken Private in $4.4 Billion Deal

Sean O'Neill, Skift

The long-predicted buyout of public-company Travelport has happened at a premium of about twice the market capitalization of the company. Expect a spinout of the company's eNett payments division and the proverbial "cost restructuring."

1 month ago

Lufthansa Ratchets Up Pressure on Sabre Over Travel Distribution

Lufthansa Ratchets Up Pressure on Sabre Over Travel Distribution

Sean O'Neill, Skift

This year Lufthansa made a series of small moves that, when looked at together, reveal a doubling down on its multi-front strategy to pressure Amadeus, Travelport, and especially Sabre to conform more to its preferred airline distribution practices. Connect the dots, and it looks like a low-grade war.

1 month ago

Travelport Close to Being Taken Private by Activist Investor

Travelport Close to Being Taken Private by Activist Investor

Sean O'Neill, Skift

Travelport has only been on the public market for four years, but hedge fund Elliott Management believes it can engineer a leveraged buyout that will unlock more value from the company. A spin-off of payments unit eNett is a likely early goal.

1 month ago

Amadeus to Pay $3 Million to Settle an Antitrust Lawsuit in the U.S.

Amadeus to Pay $3 Million to Settle an Antitrust Lawsuit in the U.S.

Sean O'Neill, Skift

In settling this lawsuit, Amadeus doesn't admit to any wrongdoing or violations of antitrust law. Along with Travelport, Amadeus agreed to have its team engage in antitrust compliance training.

2 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.

2 months ago

Sabre to Buy Farelogix for $360 Million to Help Airlines Sell Better

Sabre to Buy Farelogix for $360 Million to Help Airlines Sell Better

Sean O'Neill, Skift

Sabre allegedly tried to kill smaller rival Farelogix years ago. But now there's peace in the valley. Farelogix's merchandising and direct connection technology will plug a gap in Sabre's offering and could accelerate the travel tech giant's growth.

2 months ago

Amadeus Revs Up Spending for Product Development

Amadeus Revs Up Spending for Product Development

Sean O'Neill, Skift

Amadeus is spending more heavily on R&D than its competitors, which it is betting augurs well for its future.

2 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.

3 months ago

Sabre Looks for Efficiencies With Cloud Migration on Track

Sabre Looks for Efficiencies With Cloud Migration on Track

Sean O'Neill, Skift

CEO Sean Menke has turned around Sabre's performance since coming on board in 2017. No wonder investors have bid up the travel technology company's share price since then.

3 months ago