Travelport Completes Acquisition of Worldspan

The $1.4 billion acquisition of Worldspan, L.P. has been completed by Travelport Limited, the parent company of the Travelport group of companies, as the company revealed.

This deal makes Travelport one of the world’s largest networks of travel brands, content and service offerings while enabling it to succeed in an increasingly competitive industry.

The Travelport GDS division comprises the Galileo and Worldspan businesses; Shepherd Systems, an expert in the field of providing business and marketing intelligence to the travel industry; AiRes, the next generation server based internal airline IT product suite and Thor, a provider of distribution and marketing services to travel-related companies.

According to the company, Travelport customers can expect to benefit from innovations that will provide an enhanced shopping experience, a rapid re-price system that will reduce the cost and time of refunding and exchanging airline tickets, and additional localized content for customers globally, among other new service offerings.

Currently, more than 750 travel suppliers, 63,000 travel agencies and millions of end consumers globally benefit from the travel distribution services provided by the two organizations.

In 2006 alone, Galileo and Worldspan produced over 379 million air bookings, while operating in 145 countries and processing as many as 15,000 transactions per second.