eyefortravel.com : "The Wall Street Journal reports today that two London-based private-investment firms, Cinven Group and BC Partners, are close to buying Amadeus Global Travel Distribution SA, for 4.37 billion ($5.7 billion)...
the potential deal comes as Amadeus and the global travel industry's other distribution services are struggling to redefine their role.
“Amadeus caters to traditional travel agents by linking them with services ranging from airline bookings to car rentals and hotels reservations. Some airlines, especially budget carriers, have increasingly sought to bypass traditional systems like Amadeus and reach travel agents directly as a way to reduce their own costs.”
The fact that an increasing number of consumers are buying their own tickets through the web is also putting the industry under pressure."
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