Travelport Worldwide has secured access to US$1 billion in new financing as the company seeks to overcome a collapse in demand following the coronavirus pandemic.
Wex has entered into an agreement to purchase eNett, a provider of business-to-business payments solutions to the travel industry. In a separate deal, the financial technology service provider signed to acquire Optal, a company that specialises in optimising business-to-business transactions.
Travelport has welcomed John Elieson to the role of chief operating officer. Elieson will be based in Travelport’s global headquarters in Langley, Berkshire, UK.
As chief financial officer, Nick Bray will play a fundamental role in the execution of Travelport’s strategy, focused on a strong business partnership approach and process excellence across the finance organisation.
Atlasglobal Airlines will also continue to be one of over 275 airlines worldwide using Travelport’s rich content and branding merchandising tool, which gives travel agents a graphically rich experience when searching for and booking its branded fares.
Travelport has appointed Alistair Rodger to the role of global vice president, agency sales, Europe. Rodger has joined Travelport from Hotelbeds Group, a leading distributor of hotels and ancillaries to the travel trade, where he created and ran the retail division.
As the next step in its continuing support for Qantas’ distribution capabilities, Travelport has begun handling its first bookings with the carrier using IATA’s New Distribution Capability standard.