Articles tagged “global distribution systems”

Lufthansa Now Drives More Than Half Its Bookings Directly

Lufthansa Now Drives More Than Half Its Bookings Directly

Sean O'Neill, Skift

Some airlines will be jealous of Lufthansa Group's ability to have one out of every two of its customers book directly through its brand sites or travel management channels without having to pay fees to third-party tech middlemen.

5 days ago

Amadeus Makes Gains in Branching Out Into Software Services

Amadeus Makes Gains in Branching Out Into Software Services

Sean O'Neill, Skift

Amadeus has long talked about diversifying its business, branching out from distribution into software services for hotels, airlines, and airports. But 2019 looks like it will finally be the year that the new businesses gain nearly equal importance to the old ones.

3 weeks ago

Travelport Has Had Mixed Success as a Public Company

Travelport Has Had Mixed Success as a Public Company

Sean O'Neill, Skift

Travelport's latest earnings report is a chance to judge its performance since it went public in 2014. The answer is mixed: The company invested more than its rivals in its airline distribution business, which let it punch above its weight. But not everything on other matters panned out as well as it might have hoped.

4 weeks ago

Sabre’s Bottom Line Got a Lift From U.S. Tax Cuts

Sabre’s Bottom Line Got a Lift From U.S. Tax Cuts

Sean O'Neill, Skift

A year ago the U.S. changed its corporate tax law. A look at the impact on travel tech giant Sabre may show, by example, the benefits to many U.S. businesses broadly. The reform appeared to give the company added financial flexibility in 2018.

1 month ago

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.

1 month ago

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.

2 months 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.

3 months 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.

3 months 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."

3 months 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.

3 months 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.

3 months 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.

4 months ago