Wilmington, Del. — Executives with American Airlines thought about buying a piece of Farelogix a few years back when they got wind that the tech developer, a key partner, might be for sale. No deal occurred after Farelogix owners floated a “buy it now“ price of $500 million. Sabre in November 2018 announced an agreement to buy Farelogix for $360 million.
Caitlin Gomez Parlays GBTA Ladders, Winit Experience Into A New Group For Women In Business: The Lasso
New York — A business travel executive’s new women’s group will hold its first monthly meeting here Thursday. The organization will offer participating women a “safe space” to talk about making one’s voice heard, negotiating compensation, sexual harassment and other topics. The group also will produce a podcast.
Travelport executives have said little about their strategy since affiliates of Siris Capital and Evergreen Coast Capital took the company private last May, but something must be done. According to experts, a top priority is rationalizing its three core global distribution systems. Travelport has maintained three systems since it acquired Worldspan in 2007. A decade earlier, predecessor company Galileo International committed to keeping both the Apollo and Galileo systems going.
NuTravel (And Hilfman) Joins ARC, Blockskye And Traxo To Accelerate Direct Airline Distribution For Business Travel
Airlines Reporting Corp. this month acquired a majority stake in technology developer nuTravel. NuTravel will operate as an independent subsidiary and deliver managed business travel booking capabilities through airline websites. In conjunction with the transaction, nuTravel named former United Airlines senior vice president Dave Hilfman an independent director.
Corporate travel and expense management administrators sometimes feel uneasy when suppliers contact company employees directly. Managers get really annoyed when employees receive confusing or misleading information about products or services their companies haven’t bought. Expensify, which has targeted the end user since its inception, inflamed these sensitivities among its clients.
The U.S. Department of Transportation through Jan. 31 is accepting submissions for its first annual Combating Human Trafficking in Transportation Impact Award. DOT is giving out a $50,000 prize “to incentivize an increase in human trafficking awareness, training and prevention among transportation stakeholders.” The introduction of the award program coincides with National Slavery and Human Trafficking Prevention Month. Several travel companies this month announced new efforts to do their part. According to the International Labor Organization, 40 million people worldwide are victims. One in four are children.
Expensify founder and CEO David Barrett on Monday evening announced an ambitious program for social change that, among other measures, directs 10 percent of revenue generated from its corporate card to charity. The company created a charitable organization that solicits donations from non-customers as well as those using Expensify’s payment and expense solutions. The mission is fighting hunger, homelessness and climate change, among other ills. The card program is called Karma Points.