Lufthansa Group's total revenue increased 4.9 percent to €7.8 billion year over year in the fourth quarter, and traffic revenue was flat at €5.9 billion.

TRX's third-quarter adjusted data reporting revenues are up 17 percent year-over-year due to higher direct corporate sales and the exclusion of Citibank data reporting engagements, the travel technology...

Concluding a two-year pursuit that included a bidding war with Avis Budget Group and a protracted regulatory review, Hertz in late November sealed its acquisition of Dollar Thrifty Automotive Group....

The Sabre Travel Network in the coming months will begin offering a menu of value-based pricing options for travel suppliers participating in the Sabre global distribution system, a strategy...

American Express named Marc Hildebrand vice president and general manager for Central Europe , effective 1 Nov. Hildebrand previously served as president and CEO of TQ3 Travel Solutions until parts of...

Travelocity Business next month will launch a wholly-owned service center in the United Kingdom , using facilities obtained as part of Travelocity's acquisition of Lastminute.com. Saying it plans to...

Southwest Airlines in November will tweak its boarding policy but won't switch to assigned seating . Travelers still will board by group, as they have previously, but will be further segmented into...

Passengers expect to fly safely and arrive at their destinations on time. While U.S. air travel unquestionably is the safest in the world, our system is marred by congestion-induced delays and it is...

Effective Oct. 15, Richard Crum will leave his post as president and chairman of corporate payment system Universal Air Travel Plan to take the helm of the U.S. division of Lufthansa-owned AirPlus...

Concur this week had no comment on a Bloomberg report that the company has discussed a possible sale to Oracle or SAP. "We do not comment on rumors or speculation," according to a Concur spokesperson....