Travelport and JetBlue have reached a new distribution agreement, Travelport CEO Gordon Wilson said Thursday during the company's fourth-quarter earnings call
JetBlue had discontinued Travelport participation on Dec. 1, 2015. The airline's content was again made available on Feb. 12, Travelport said.
In addition to reaching a new agreement, JetBlue upgraded to Travelport’s merchandising solution, Travelport Rich Content and Branding. The technology allows airlines to sell branded fares and ancillaries.
British Airways and Iberia also have signed up for Rich Content and Branding, Wilson said.
Responding to an analyst’s question, Wilson addressed Lufthansa’s surcharge on GDS bookings. The 16-euro fee was implemented last September.
“We haven’t seen any decline in our bookings,” Wilson said. That could be because Lufthansa is discounting its base fares, he said, or because agents are booking other carriers. They could be booking Lufthansa-operated flights through Lufthansa's codeshare partners.
In the fourth quarter, Travelport’s net income was $6 million, reversing a loss of $42 million a year earlier. Travelport attributed the increase to an increased operating income of $35 million and lower interest and tax expenses.
The company’s net revenue increased 8%, to $535 million, which Travelport attributed to growth in Travel Commerce Platform revenue.
For 2016, Wilson projected net revenue growth of 6-8%, in the range of $2.35-$2.4 billion, and adjusted net income growth of 15-23%, to $140-$150 million.
On the heels of the earnings call, Travelport’s stock rose nearly 12% on Thursday afternoon.