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Articles tagged “travelport”

Business Travel

Southwest Airlines’ Corp Travel Biz: A Year On, Down But Not Out

The pandemic will have marred the first anniversary celebrations, but this fledgling corporate travel unit should have enough experience behind it to ride out the storm.

Southwest Airlines’ Corp Travel Biz: A Year On, Down But Not Out

Online Travel

Travelport Strikes Deal With Creditors That For Now Could Save It From Bankruptcy

The existence of the deal, previously unreported, should reassure anyone about the travel tech company's near-term stability.

Coronavirus

Travelport Seeks Sharper Distribution Edge Despite Pandemic’s Hit to Revenue

Travelport's response to the pandemic shows that purpose can defy skeptics. But uncertainty around the fate of its eNett sale may last for months.

Travelport Seeks Sharper Distribution Edge Despite Pandemic’s Hit to Revenue

Coronavirus

New Booking Data Shows Lopsided Global Recovery Frustrating Travel Outfits

You can't really talk about a global recovery for the travel sector overall. Regions are out of sync, reveals new data from Travelport. Companies are affected differently, depending on their market exposure.

New Booking Data Shows Lopsided Global Recovery Frustrating Travel Outfits
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SkiftX

New Webinar Series to Explore Recovery Trends in Travel

As international borders slowly start to reopen in some regions, airlines and online travel agencies must be poised for a rebound. Intelligent strategies informed by data and insights will light the path forward and ultimately help businesses succeed in the new normal.

New Webinar Series to Explore Recovery Trends in Travel

SkiftX

The Travel Deals That Have Fallen Victim to the Pandemic

Don't count your deals before they've hatched. Coronavirus has killed valuations of many companies, and deals along with them. On the other hand, some companies, such as Grubhub, are in the right place at the right time.

Online Travel

Travelport Receives $500 Million in Fresh Financing From Private Equity

The cash injection will give the travel technology firm Travelport some breathing room as it fights payments tech firm Wex over a transaction dispute.

Travelport Receives $500 Million in Fresh Financing From Private Equity
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Airlines

Southwest Airlines Expands Booking Access and Content in the GDS to Reach More Business Travelers

Southwest Airlines is upping its corporate travel game by significantly expanding its presence in the global distribution system (GDS) network. This is set to enhance the relationship between the airline and its corporate buyers and agencies.

Southwest Airlines Expands Booking Access and Content in the GDS to Reach More Business Travelers

Coronavirus

Breakdown of Lufthansa and Sabre Deal Signals New Risks for Corp Travel

The exact reasons for wanting to terminate the content deal aren’t clear, but Lufthansa’s direct-selling drive might have something to do with it.

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