Galileo Bookings Down In March Quarter

AIRFARE volume through Galileo GDS is heading south, according to the March quarter results from parent company Travelport. They show booking segment declines of 7% in the US and 1% in international markets for Galileo. The results also reveal what a drag the Worldspan GDS acquisition – for a whopping US$1.4b – has been on the company. Worldspan segments were down 19%. Travelport, which also owns GTA, ended up losing $US27m for the quarter. But CEO Jeff Clarke reckoned this was OK showing “the strength of Travelport’s geographic breadth, diversification and business model”! Travel Trends: May 16, 2008

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