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Stock impact report

Travelport wins tender for sole distribution supplier to Air India

TRAVELPORT WORLDWIDE LTD (TVPT) 
Last travelport worldwide ltd earnings: 2/22 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.travelport.com
Company Research Source: PR Newswire
LANGLEY, U.K., Oct. 11, 2018 /PRNewswire/ -- Travelport (NYSE:TVPT), the leading travel commerce platform, announced today that it had won a competitive tender process undertaken by Air India for the sole provision of distribution of its domestic flight content in the airline's home market.The contract awarded to Travelport came after a comprehensive bidding process. It will begin to come into effect from November 2018 and be fully implemented by the end of 2019. The agreement confirms Air India's continued deployment of Travelport Rich Content and Branding, now used by over 270 airlines. This displays airlines' graphical content, their fares families and a full range of ancillary products.  It means that Travelport will provide the same content as Air India's own direct-selling channels.Air India is the country's flag air carrier with a leading position in international and domestic operations. Along with Air India Express, it has 43% share of the international traffic to and from In Show less Read more
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