Articles tagged “travelport”

Travelport is still overwhelmingly tied into the air business, but this acquisition and other recent moves helps it to begin the uphill battle to diversify.

Under the new technology agreement, Travelport keeps hosting the Delta platform in their joint data center in Atlanta, and the airline gets more control of intellectual property and its data.

It's hard to see what would make Travelport an attractive investment in 2014 given its indebtedness, net losses and perennial reliance on air transactions despite moves to build up non-air revenue.

This is an odd, yet astute pairing of mobile-oriented startup, Silvercar, and a global distribution system, Travelport. This is a smart way for Silvercar to broaden its service to business travelers who are looking for a premium rental during their employee travels.

Orbitz Worldwide gets new flexibility in who it can be friends with in the future in a series of new contracts that go into effect in 2015. And, Orbtiz Worldwide's enhanced relationships with Amadeus and Sabre mean consumers may be able to access additional ancillary services such as premium seats.

This Travelport agreement with FlightCar is a shocker given the regulatory and reputational risks. It's a shocker because we didn't know Travelport had it in them to make such a brash move -- and it is a multi-year agreement, too.

The iPad is an ideal device for travelers to use when they want to sit back on the couch, or take an elliptical through its paces, and muse about where they'd like to travel to. Priceline's new Explore feature in its updated iPad app isn't going to kick the stock up to $1,500 per share, but it is a nice touch to round out its offerings.

Blackstone saddled Travelport and Orbitz Worldwide with tremendous debt, and greatly restricted Orbitz's freedom to maneuver. There have to be some champagne corks popping this weeks as Orbitz has a chance to taste some freedom.

All of the talk about antitrust matters did indeed devolve into a commercial settlement. It was mostly about the contracts.

Does Blackstone have an ethics policy related to doing business in Iran and other countries with international sanctions? Or is private equity and ethics a contradiction in terms?