Over the past few weeks, all three have each reported full year results for 2014.
That was then
The last time all three were listed on the markets at the same time was in 2004, when the world was a very different place – no Twitter, no iPhone, no post-Lehmans global financial catastrophe, no Tnooz.
The GDSs were different too – maybe the biggest change is the fact they are now exclusively B2B – the glamorous ownership of consumer-facing sites proved too precarious – Travelport’s Orbitz Worldwide, Sabre’s Travelocity and lastminute.com and Amadeus’ Opodo and Rumbo have all been and gone.