Sabre consolidated third quarter revenue increased 6.9% to USD 839.0 million with Airline and Hospitality Solutions revenue increased 19.8% to USD 262.4 million and Travel Network revenue increased 2.3% to USD 582.4 million.
Senior executives of OpenJaw and TravelSky talk about their merger at high noon on the first day of Airline Distribution Conference.
To encourage share-buying of Angelo, Gordon & Co's offerings, Travelport included a picture of its financial health in each filing with the US Securities & Exchange Commission.
Beijing-based travel technology company Varitrip has released China's first GDS for tours and activities to cater to the industry's on-demand and live booking operations.
Travelport posted USD 38 million operating income and USD 14 million net loss in the second quarter of 2016.
Sabre consolidated second quarter revenue increased 19.5% to $845.2 million with Airline and Hospitality Solutions revenue increased 16.4% to $252.2 million and Travel Network revenue increased 20.9% to $597.9 million.
Tom Klein will step down by year end from his role as CEO and president of Sabre as well as leave its board.
Amadeus has made significant headway in China, both with its distribution and IT solutions. The group has diligently aligned itself to experience the benefits of further deregulation steps.
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