Leading travel tech and distribution company, Travelport has just released their Q2 2014 results showing the first half of the year as strong for the company.
Amidst all the kerfuffle regarding the failed attempt by American Airlines to change the way that global distribution systems operate, one of the key players in the squabble, Travelport CEO Gordon Wilson, has predicted a much more harmonious relationship between airlines and GDS companies in the future.
Everyone associated with Travelport has to have breathed a sigh of relief on the news that Travelport Holdings successfully revamped their debt, extending their PIK until December of 2016. Unanimous support from their lenders now ensures the travel giants ongoing operations.
Today, the Global Business Travel Association (GTBA) announced a new Travel Value Chain panel comprised of noted industry CEO’s at major travel providers.