Travelport canned its initial public offering after executive compensation and market jitters spooked investors, according to press reports.

Multiple publications quoted Travelport chief executive Jeff Clarke: "Since we announced our intention to float, there has been significantly increased volatility and uncertainty in global equity markets, as a result of macro circumstances unrelated to our business. Travelport is a strong company with an attractive financial model and great momentum. We will consider bringing it back to the market at a future date, when equity markets are more favorable."