Worldspan
Encyclopedia
Worldspan is a provider of travel technology
and content and a part of the Travelport
GDS business. It offers worldwide electronic distribution of travel information, Internet products and connectivity, and e-commerce capabilities for travel agencies, travel service providers and corporations. Its primary system is commonly known as a Global Distribution System (GDS), which is used by travel agents and travel related websites to book airline tickets, hotel rooms, rental cars, tour packages and associated products. Worldspan also hosts IT services and product solutions for major airlines.
, owner of the Galileo GDS
, Gullivers Travel Associates (GTA) and a controlling share in Orbitz
, agreed to acquire Worldspan. However, at the time, management of Travelport did not commit to the eventual merging of the two GDS systems, saying that they were considering all options, including running both systems in parallel. On August 21, 2007, the acquisition was completed for $1.4 billion and Worldspan became a part of Travelport GDS, which also includes Galileo and other related businesses. On September 28, 2008, the Galileo and Apollo GDS systems were moved from the Travelport datacenter in Denver, Colorado to the Worldspan datacenter in Atlanta, Georgia (although they continue to be run as separate systems from the Worldspan GDS).
, Northwest Airlines
, and TWA
to operate and sell its GDS services to travel agencies worldwide. Worldspan operated very effectively and profitably, successfully expanding its business in markets throughout North America, South America, Europe, and Asia. As a result, in mid-2003, Worldspan was sold by its owner airlines to Citigroup Venture Capital and Ontario Teachers' Pension Fund which in turn sold the business to Travelport in 2007.
Worldspan was formed in 1980 by combining the PARS partnerships companies (owned by TWA and Northwest Airlines, Inc.) and DATAS II, a division of Delta Air Lines, Inc. One of Worldspan’s predecessors – TWA PARS – became the first GDS to be installed in travel agencies in 1976. ABACUS, an Asian company owned by a number of Asian airlines, owned a small portion of Worldspan, and Worldspan owned a small portion of Abacus. Worldspan and Abacus entered into a series of business and technology relationships. These relationships were terminated after Abacus engaged in fraudulent and deceptive practices, for which Worldspan received a sizable judgement in an arbitration in London.
Technology
Technology is the making, usage, and knowledge of tools, machines, techniques, crafts, systems or methods of organization in order to solve a problem or perform a specific function. It can also refer to the collection of such tools, machinery, and procedures. The word technology comes ;...
and content and a part of the Travelport
Travelport
Travelport is a broad-based business services company and a leading provider of critical transaction processing solutions to companies operating in the global travel industry...
GDS business. It offers worldwide electronic distribution of travel information, Internet products and connectivity, and e-commerce capabilities for travel agencies, travel service providers and corporations. Its primary system is commonly known as a Global Distribution System (GDS), which is used by travel agents and travel related websites to book airline tickets, hotel rooms, rental cars, tour packages and associated products. Worldspan also hosts IT services and product solutions for major airlines.
Recent events
In December, 2006, TravelportTravelport
Travelport is a broad-based business services company and a leading provider of critical transaction processing solutions to companies operating in the global travel industry...
, owner of the Galileo GDS
Galileo CRS
Galileo is a computer reservations system owned by Travelport. As of 2002, it had a 26.4% of worldwide CRS airline bookings.In addition to airline reservations, the Galileo CRS is also used to book train travel, cruises, car rental, and hotel rooms...
, Gullivers Travel Associates (GTA) and a controlling share in Orbitz
Orbitz
Orbitz Worldwide, Inc. is an Internet travel company headquartered in the Citigroup Center in Near West Side, Chicago, Illinois. Through its primary web site Orbitz.com, Orbitz Worldwide enables travelers to research, plan and book a broad range of travel products, facilitating 1.5 million flight...
, agreed to acquire Worldspan. However, at the time, management of Travelport did not commit to the eventual merging of the two GDS systems, saying that they were considering all options, including running both systems in parallel. On August 21, 2007, the acquisition was completed for $1.4 billion and Worldspan became a part of Travelport GDS, which also includes Galileo and other related businesses. On September 28, 2008, the Galileo and Apollo GDS systems were moved from the Travelport datacenter in Denver, Colorado to the Worldspan datacenter in Atlanta, Georgia (although they continue to be run as separate systems from the Worldspan GDS).
History
Worldspan was formed in early 1980 by Delta Air LinesDelta Air Lines
Delta Air Lines, Inc. is a major airline based in the United States and headquartered in Atlanta, Georgia. The airline operates an extensive domestic and international network serving all continents except Antarctica. Delta and its subsidiaries operate over 4,000 flights every day...
, Northwest Airlines
Northwest Airlines
Northwest Airlines, Inc. was a major United States airline founded in 1926 and absorbed into Delta Air Lines by a merger approved on October 29, 2008, making Delta the largest airline in the world...
, and TWA
Twa
The Twa are any of several hunting peoples of Africa who live interdependently with agricultural Bantu populations, and generally hold a socially subordinate position: They provide the farming population with game in exchange for agricultural products....
to operate and sell its GDS services to travel agencies worldwide. Worldspan operated very effectively and profitably, successfully expanding its business in markets throughout North America, South America, Europe, and Asia. As a result, in mid-2003, Worldspan was sold by its owner airlines to Citigroup Venture Capital and Ontario Teachers' Pension Fund which in turn sold the business to Travelport in 2007.
Worldspan was formed in 1980 by combining the PARS partnerships companies (owned by TWA and Northwest Airlines, Inc.) and DATAS II, a division of Delta Air Lines, Inc. One of Worldspan’s predecessors – TWA PARS – became the first GDS to be installed in travel agencies in 1976. ABACUS, an Asian company owned by a number of Asian airlines, owned a small portion of Worldspan, and Worldspan owned a small portion of Abacus. Worldspan and Abacus entered into a series of business and technology relationships. These relationships were terminated after Abacus engaged in fraudulent and deceptive practices, for which Worldspan received a sizable judgement in an arbitration in London.
See also
- Amadeus IT GroupAmadeus IT GroupAmadeus IT Group is a transaction processor for the global travel and tourism industry. The company is structured around two key related areas - its global distribution system and its IT Solutions business area...
- List of global distribution systems
- Passenger Name RecordPassenger Name RecordIn the travel industry, a passenger name record is a record in the database of a computer reservation system that contains the itinerary for a passenger, or a group of passengers traveling together...
- Code sharingCode sharingA codeshare agreement, sometimes simply codeshare, is an aviation business arrangement where two or more airlines share the same flight. A seat can be purchased on one airline but is actually operated by a cooperating airline under a different flight number or code...
- Travel technologyTravel technologyTravel technology is a term used to describe applications of Information Technology , or Information and Communications Technology , in travel, tourism and hospitality industry...