16 January 2009

Big 4 to Consolidate?

OK - I got your attention.

The big 4 I am talking about are the Travel Management (aka Corp Travel) agencies. The driving force is the ownership by Emirates Airlines sister company DNATA Travel and BCD in HR Group. DNATA Travel based in Dubai recently disclosed that it raised to 20.15 percent from 19.99 percent its ownership of HR Group (the former Hogg Robinson) shares, following by the disclosure of a 3 percentage point increase in ownership by BCD Travel, the privately held Dutch owned TMC, to more than 19 percent.

Interesting I would say. Not a huge increase and still could be just a happenstance - but still fun to speculate on.


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