Special Report: GDS evolves to widen appeal
Travelport this week announced plans to rebrand its internal operations into two new divisions in a move clearly intended to bolster its plans to go public.
The operator’s Worldspan and Galileo global distribution systems will now be part of its new Travel Commerce Platform division, while a new Technology Services arm will handle its IT services for airlines.
Last week, Atlanta-based Travelport signalled its renewed confidence in the money markets by announcing its intention to float.
This followed four years of speculation that Travelport would revive plans for an IPO after it pulled out of a proposed public offering in February 2010 that would have seen it float on the London Stock Exchange.