Travelport’s Plans to Go Private Held Up by Russian Regulators

Travelport CEO Gordon Wilson was in high spirits when his company debuted on the public markets in New York in 2014. The travel technology company quietly reported its first quarter 2019 earnings on Friday. The company is weeks away from going private. Travelport Skift Take: Russian regulators have put up obstacles to the long-discussed buyout … [Read more…]

Amadeus Finds Fastest Growth Overseas in North America

Amadeus IT Group reported positive growth in the first quarter of 2019, supported by more than 14 percent year-over-year growth in North America. Amadeus Skift Take: Texas-based Sabre can no longer take for granted its home market of North America as Amadeus attempts to make inroads on the continent. — Sean O’Neill 3/4PCS Travel Set … [Read more…]

Travelport’s Plan to Build Market Share With U.S. Airlines and Agencies

European travel management company BCD uses Travelport to power its TripSource itinerary management app. Travelport, based in the UK, has been expanding its presence in the U.S. BCD Travel Skift Take: Travelport sees an opportunity to gain share with mid-market travel management companies in the U.S., which seems plausible. But it will need to keep … [Read more…]

TravelSky’s Monopoly in China Helped Boost Annual Revenues

A China Southern flight attendant helps a passenger use the on-board entertainment system. Source: China Southern csair.com All Chinese airlines use travel technology firm TravelSky’s systems to manage their domestic businesses. In 2018 TravelSky, China’s travel technology giant, generated $1.11 billion in revenue, representing an increase of 11 percent year-on-year. China Southern Skift Take: TravelSky, … [Read more…]