Business Travel News - Travel Management Technology News

Sabre Joins In Automating Air Ticket Repricing

2009-07-16

Sabre Travel Network in June began providing its fully automated QREX Plus air ticket repricing technology in the Americas, joining its semi-automated Quick Refunds and Exchanges tool and, like the systems other global distribution systems offer, using the Airline Tariff Publishing Co.'s Category 31 fare rules that provide the standards to automate the ticket exchange, refund and reissue processes.

Travelport Unveils Joint Venture With Payment Processor PSP

2009-07-07

Travelport today announced the launch of a joint venture with payment processor PSP International for a payment, settlement and reporting platform for agencies and other travel suppliers, including airlines.

Amtrak Building Links To Corporate Booking Tools

2009-06-22

Amtrak is building direct connections to corporate online booking tools in an effort to better meet the needs of corporate clients and compete with airlines on short-haul routes, particularly those in the Northeast Corridor.

Amadeus Reports Slight Rise In 2008 Revenue

2009-05-28

Amadeus today announced that its annual revenue increased 2.2 percent to â¬2.86 billion in 2008 as the privately held travel technology and distribution company implemented a new airline IT system, expanded its focus in the Americas and launched its new Airline Retailing Platform.

TRX Reports Further Losses As It Gains Corporate Clients

2009-05-21

Travel technology provider TRX in the first quarter of 2009 suffered another period of steep losses in revenues and net income as the company continues to diversify its client base through direct corporate client contracts, alter its product development strategy and significantly reduce its cost structure, which is down 40 percent from the same quarter in 2008.