Sabre

Travelport Gets $570 Million In Financing

[UPDATE, Jan. 3, 2024: Travelport announced completion of the financing.] Travelport said Monday that existing equity holders and lenders agreed to invest $570 million of “new equity financing.” Expected to close by year-end, the transaction would leave Travelport with a new ownership structure, “composed of Travelport’s existing equity and credit investors, including Elliott Investment Management,…

Notebook: Catch Up On Airline Distribution

The Global Business Travel Association’s New Jersey chapter on Nov. 9 hosted a webinar on airline distribution featuring JTB Business Travel, SAP Concur, Sabre and United Airlines. Moderated by The Company Dime‘s Jay Campbell, the discussion featured observations about the status of the New Distribution Capability, where it’s going, some of its challenges, what the…

Facing Slow NDC Adoption, Air Canada Delays Surcharge For Corporate Clients

On Tuesday, Air Canada told corporate clients they no longer had to pay its surcharge for bookings made using traditional EDIFACT protocols, at least for the time being. The change acknowledges that the corporate travel community was not ready to adopt surcharge-free NDC channels that Air Canada initiated with global distribution system providers during the…

AI Text Processing Sparks New Phase Of Travel Management Productivity

Travel management companies using Amgine Technologies and communications tech firms like Front have entered a new era of productivity.  Travel Incorporated is processing between five and 10 bookings initiated by traveler emails this way for every standard agent-assisted booking.  Newer Amgine clients Christopherson Business Travel and Executive Travel are excited about the potential. All three…

SAP Releases Pieces Of New Concur Travel

SAP last week kicked off the rollout of its new Concur Travel experience, including support for New Distribution Capability-enabled American and United bookings through Sabre. As SAP Concur signaled in a September blog post, the updates — available only in the Professional (most configurable) edition of Concur Travel — will not immediately meet all client…

Dispatch 6

At the end of September, Travelport reduced its workforce. Sources said the cut was about 10 percent of employees. A media relations official declined to address that figure. “Our goal is to be the industry’s most effective and efficient company, delivering the best technology that enables our customers to be the most modern retailers,” the…

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