An article just the other day at Travel Agent Central hints at just how deep the well of ancillary travel revenue may be. According to a cited Amadeus/IdeaWorks report, ancillary revenues could triple from $32 billion to over $100 billion on the heels of electronic miscellaneous documents (EMDs). But, the real story beneath transactions may be the […]
Amadeus
Opodo Deal Gets EU Thumbs Up
Private equity firm Permira, and France’s Axa, have received the “go” from EU regulators in their bid to buy online travel entity Opodo. The two investors intent to merge the Spanish Opodo company with Go Voyages and eDreams will create one of the digital world’s biggest online booking agencies.
United Airlines and Amadeus Part Ways with $75M Payment
United Airlines will make a one-time payment to Amadeus for $75 million, ending a contract that has been stalled for years. United originally contracted Amadeus to migrate its internal reservation system from Travelport’s Apollo to its own Altéa platform, but the migration never happened. When United Airlines merged with Continental Airlines, it decided to migrate […]
US Airways Sabre Deal Calms Travel War Waters
In airline travel news, US Airways just announced the signing of a multi year contract for full content distribution and merchandising with Sabre Travel Network. This latest news, pertinent to the ongoing wars between the various online agents and service providers, is at least a positive sign for global distribution players.
Opodo Deal Worth Over Half a Billion
Just about every news outlet in Europe is all a buzz about private equity firm Axa, and Permira headed for a deal to buy Amadeus’ Opodo. The OTA started in Germany in 2001, if the deal goes through as suggested, will be worth between $500 and $700 million. An unnamed source at Amadeus IT Holding SA told Reuters the sketch details of the negotiations.