Obtaining the NDC/ONE Order certifications is only a small step for Travelsky to promote the digitalization and modernization of China's civil aviation industry.
The company's travel agency air bookings growth (0.5%) outperformed the industry (-0.8%), driven by market share gains in all regions except its Asia-Pacific business (-15.3%).
Travel Network revenue increased 1.5% to $711.0 million with global air bookings share increased 100 basis points to 39.6%.
The global distribution systems have held onto their most lucrative business, which is long-haul business travel.
Sabre expects Radixx will generate about $20 million of revenue in 2019.
Recently appointed CEO, Greg Webb, has indicated that Travelport may move into the hospitality space and some of the other components as opposed to focusing only on the airline side going forward.
Overall, both domestic and foreign air travel growth benefited the company. During the first half of the year, the tech vendor boosted its revenue by 9.2% to $538 million (RMB 3.84 billion).
Sabre said the DOJ will need to file a complaint in a federal court before the deal closes if it plans to block the purchase.
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