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Travelport Investors Commit $570 Million in New Equity Financing to Bolster Capital Structure and Accelerate Long-Term Growth and Innovation
December 4, 2023
Travelport Worldwide Limited (“Travelport” or the “Company”) announced that a group of its existing equity holders and lenders have agreed to invest $570 million of new equity financing into the Company. The new financing will give Travelport a robust capital structure, enable further investment into Travelport’s technology platforms and pave the way for other innovations to deliver new and exceptional ways for the travel industry to serve customers.
Travelport and Aerolineas Argentinas Renew Long-Term Distribution Agreement
November 15, 2023
The multi-year renewal deal confirms Aerolineas Argentinas content will be distributed on the Travelport+ platform and Travelport’s agency customers will have continued access to the airline’s wide range of products and ancillaries.
Travelport and EVA Air Expand Distribution Agreement with NDC Collaboration
October 30, 2023
Travelport and EVA Air announced today that they have renewed and expanded their multi-year distribution agreement to include EVA Air’s future New Distribution Capability (NDC) content and servicing.
Travelport Extends and Expands Partnership with Air India
October 27, 2023
In conjunction with Travelport’s operator partner ITQ, the expanded relationship between Air India and Travelport will provide agencies in India and across the globe with enhanced retailing capabilities and more choice, including NDC-sourced content.
Travelport Signs New Content Distribution Agreement with Air Canada, including NDC
October 11, 2023
New, multi-year distribution agreement includes full range of NDC-sourced Air Canada content for Travelport-connected agencies and travel management companies.
Thai Vietjet chooses iPort Departure Control System powered by Travelport and Res2
October 10, 2023
Travelport and Res2, a Netherlands based departure control system provider and airport automation leader, today announced a new multi-year agreement with Thai Vietjet, a leading low-cost airline from Thailand with flights to destinations across Asia-Pacific.
Christopherson Business Travel Achieves Milestone with Deem, Powered by Travelport+, NDC Capability
September 28, 2023
Christopherson Business Travel and Travelport today jointly announced an industry first: being the first travel management company (TMC) to successfully issue a ticket on the revolutionary Deem platform since its integration with Travelport+. The move signals a significant advancement in corporate travel management and marks the dawn of a new era in modern retailing.
Travelport Delivers Enhanced Carbon Emission Estimates for Flights on Travelport+
September 20, 2023
Travelport is making it easier for agents and travelers to choose carbon-conscious trip options with transparent flight emission estimates, calculated using the publicly accessible Travel Impact Model (TIM)
The Next-Generation of Corporate Travel Retailing: Deem, Powered by Travelport+
August 8, 2023
Just five months after Travelport announced the acquisition of Deem, the global technology company has confirmed the corporate booking tool’s integration with Travelport+