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Search results for “IATA”
Travelsky completes OpenJaw takeover for USD 39.4 million
05/10/2016
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1:33:21 PM
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Travelsky has completed its full acquisition of OpenJaw, a wholly-owned subsidiary of GuestLogix, in a USD39.4-million deal that is TravelSky’s first overseas purchase since its inauguration
Global air travel growth slows in March
05/09/2016
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3:39:29 PM
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Passenger demand growth decelerates, driven by domestic slowdown
IATA: Airline profits in 2014 to be hit by China
06/09/2014
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11:32:09 AM
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The global airline industry's profit forecast for this year has been cut amid fears over China's economic growth, the International Air Transport Association (IATA) said.
Expedia, Inc. Reports First Quarter 2016 Results
04/29/2016
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9:06:20 AM
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Expedia, Inc. (NASDAQ: EXPE) announced financial results today for the first quarter ended March 31, 2016. Its room nights stayed increased 37% year-over-year and revenue increased 42% year-over-year.
Airline industry chiefs on Uber, Google and distribution generally
03/21/2016
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4:55:56 PM
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Recently, IATA chief Tony Tyler and Travelport chief Gordon Wilson attended CAPA event and discussed what the industry would look like in four to five years. They believed that the “Uber-type effect” could be learned by the industry when selling its services, in the next few years 80% of all engagement between airlines and customers would be on mobile and the back-end Passenger Service Systems needs to be changed.
Lufthansa says other airlines will follow GDS surcharge move
03/18/2016
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2:46:02 PM
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The Euro 16 surcharge began in September last year by Lufthansa has polarised opinion amongst air ticket sellers, but its CEO claims that the move is a strategic issue about shaping the future of distribution of an airline. It is said that Lufthansa suggested fellow carriers should follow suit at a recent IATA meeting in the US.
Lufthansa talks up direct connect as big corporate agency comes on-board
03/14/2016
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11:49:09 AM
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In order to increase direct booking, Lufthansa has devoted into cooperation with intermediaries and other travel brands. Currently, Hogg Robinson Group, the major corporate services company is on-board as well.
Further consolidation in tour operator tech as Paxport acquires Multicom
01/28/2016
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1:40:22 PM
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Travel bookings system supplier Multicom has been acquired by Sweden-based Paxport to aggregate flights, hotels and other travel enhancing services.
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