Travelport credits Asia-Pacific for early-2017 financial gains

Travelport has hailed a “positive start” to the year with a 7% increase in revenue across the business for the first three months of 2017.

The company hit $651 million in revenue in Q1, up from $609 million in the same period in 2016.

Adjusted EBITDA also increased year-on-year by 9% to $169 million.

Beyond Air revenues climbed by 9% (compared to those for its air services at 7%) to $148 million.

Travelport says Asia-Pacific can be credited for its solid first months of the year, with an 18% increase in revenue in the region to $151 million.

Europe increased by 4% and US by 1%.

More to follow…

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