JAL, Travelport to form joint venture in Japan

_A Monitor Report16 Apr, 2019 | 318 Views|-+
Tokyo : Japan Airlines and Travelport have agreed to unify Travelport Japan and JAL's 100per cent owned subsidiary, Axess International, under a joint venture called Travelport Axess.

Travelport Axess will continue to offer travel agents services through Axess' GDS platform and enable access to Travelport's GDS platforms, Apollo and Galileo.

The proposed joint venture will provide online, mobile and corporate travel propositions including global booking and expense management tools as well as access to New Distribution Capability (NDC) content, offering Japanese travel agencies and their customers the best of locally developed products with best in class global connectivity and capabilities.

Yoriyuki Kashiwagi, Executive Officer of International Passenger Sales, Japan Airlines said, "We believe that the future of travel will be transformed by technological innovation. I am confident that Travelport Axess will be able to help Japanese travel agents to respond to growing global demands by offering services based on state-of-the-art technology."

Under the planned agreement, Travelport will hold a majority stake in Travelport Axess, with JAL controlling the remaining stake and playing an active role in the joint venture. Following the signing of a definitive agreement between Travelport and JAL, the new joint venture is expected to be formed on June 1, 2019.

Initially, Travelport Japan and Axess will continue to operate independently, with a gradual programme of integration to combine the two organisations commencing later this year.

Gordon Wilson, President and Chief Executive Officer, Travelport, said, "This announcement and our ongoing partnership with Japan Airlines is a significant advance in the provision of state-of-the-art technology for the Japanese travel industry. We are very excited about the growth opportunities it presents for our mutual travel agency customers."

Also on Bangladesh Monitor

Top