TRAVELPORT reported over US$2.2 billion in net revenue in 2015, up 3 per cent from approximately US$2.1 billion in 2014.
The growth was driven primarily by non-air revenue, which surged 16 per cent from US$424 million in 2014 to US$492 million in 2015. According to Travelport, non-air revenue expansion resulted from the continued growth in payment solutions such as eNett, as well as expansion in mobile commerce.
On the other hand, air revenue dipped US$4 million to approximately US$1.6 billion in 2015. Travelport said this decrease can be attributed to lower volumes from the US – due to the renegotiation of the Orbitz Worldwide contract – and Europe, coupled with “improved rate due to favourable mix and merchandising”.
Meanwhile, travelport reported strong performance in online merchandising solutions, which saw additions of over 100 airlines, including Etihad Airways, Cathay Pacific and Virgin Australia, to its distribution channel.