Trip.com Group is still interested in acquisitions, not simply for market share but also know-how.
As Chief Operating Officer, John will have strategic oversight of Travelport’s growth strategy, sales organization and M&A agenda.
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.
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