American, United Considered Investing In Farelogix To Keep It From The Likes Of Sabre

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.

A United Airlines official said his company also considered investing in both 2015 and 2017. A third airline also was approached, he said.

Carriers pay Farelogix for its NDC-compliant application programming interface . . .

The full content is available to subscribers

Jay Campbell

Author: Jay Campbell

Jay Campbell in 2004 created travel business newsletter The Beat, in 2006 co-founded Travel Procurement magazine and in 2010 integrated them with Business Travel News. He served as editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University.

Comments

avatar
  Subscribe  
Notify of