Travelport Refinances But Struggles Continue

Travelport’s airfare processing business continues to struggle with declines in three of its four key markets during 2012: the Americas (-3.5%), Europe (-0.9%), and Asia Pacific (-2.9%).  The Middle East and Africa was the only bright spot with 1.8% growth. Meanwhile, President Gordon Wilson said Travelport has renegotiated its massive debt – more than US$3 billion at the end of 2012 – giving it some breathing space to the end of 2016.

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