Evercore ISI analysts are bullish on Amadeus. They like the strength of its airline IT business and expect the company to continue growing share on the GDS side. Evercore in a research report issued Jan. 4 raised its Amadeus outlook to “outperform” from “in line.” Amadeus’ gains would be losses for Sabre and Travelport, both…
Sabre CEO Sean Menke confirmed what many suspected. The IAG private channel option for travel agencies caught up in reworked economics between airlines and GDSs is about foregoing GDS incentives. Parent of British Airways and Iberia, IAG created “two buckets for the agency community,” Menke explained during the Wednesday Bernstein Technology Summit. He called them the “haves…
Sabre reached a deal with International Airlines Group to give agency users a “path to unique content if they enter a Private Channel agreement” with IAG airlines. That presumably would waive the carriers’ surcharge on bookings through global distribution systems. A Sabre spokesperson informed reporters of the development Friday morning. That was hours after Air France-KLM…
[UPDATE: We published new info on Air France-KLM here.] Sources expect Air France-KLM in the next couple weeks to announce a surcharge for GDS bookings, much like rivals at Lufthansa Group and IAG. This will come as no surprise for many observers. One source said an announcement could come as early as next week, while…
