Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

W2, the global ticketing partner, drives record growth as a result of airline demand to expand global reach


News provided by

WorldTicket

15 Dec, 2022, 08:00 GMT

Share this article

Share toX

Share this article

Share toX

COPENHAGEN, Denmark, Dec. 15, 2022 /PRNewswire/ -- W2 by WorldTicket, part of the 777 Travel Tech group, now serves a record number of 97 airlines that have joined its network to expand global reach, revenues, and capacity amid an extraordinary travel demand boom. The airline and travel technology company provides global distribution and ticketing solutions for airlines, travel agents, and other travel operators and delivers on 777 Travel Tech's vision of empowering airlines and other travel providers to create more commercial opportunities, improve connectivity, and provide a more valuable passenger service.

Over 50 airlines have partnered with W2 this year, leveraging the company's unique combination of AOC-holding airline and distribution solutions and services that deliver an immediate revenue uplift. W2 provides its airline partners with access to over 100,000 IATA-accredited travel agencies that can distribute their inventory in 190+ global markets and multiple global distribution systems (GDS).

Unique travel market conditions are driving historic growth

Driving W2's growth is the recognition by airlines of all sizes that expanding into non-core markets is valuable for optimizing their revenue strategies at a time when the industry is still operating at a loss (industry-wide losses are expected to decline for 2022 to "only" -$9.7 billion). Anticipating evolving airline revenue needs in a challenging travel climate, the company has enhanced its product portfolio, including ticketing and payments, to work agnostically across all passenger service systems (PSS) and provide payment capabilities in more than 190 global markets.

W2 has also added China-based GDS Travelsky to its growing list of GDS partners, enabling airlines to access the 430 million+ tickets processed annually by Travelsky and providing entry into the world's second-largest and fastest-growing civil aerospace and aviation services market.

"At a time when travel demand is surging, the more distribution channels and markets an airline can have a presence in, the greater their competitive advantage," said Peer Winter, VP of Distribution at WorldTicket. "Our solutions give airlines the control and flexibility to expand and capitalize on changing market dynamics. Our growth over the past 24 months is a testament to our value and ability to deliver new revenue paths for airlines."

The importance of airline network expansion

777 Travel Tech's synergistic portfolio of aviation and travel-related businesses combined with W2's product enhancements and technology investments have enabled airlines to expand the distribution of their routes, optimize load factors and improve revenue quality – critical priorities for carriers of all sizes. While global airline capacity is growing month-over-month, it remains 14.2% lower compared to the same period in 2019, meaning that capacity growth through network expansion can be a difference-maker for many airlines.

The need for speed, cost-efficiency, and improving the value of their technology investments has also driven more airlines to join W2's network, with little upfront investment required compared to traditional airline expansion strategies.

"The conventional process for an airline to list its inventory on a major GDS can take upwards of six months," said Winter. "Our airline partners have been able to set up distribution and ticketing with us in less than a week, meaning they can be in new markets quickly."

W2 has also addressed a big pain point for airlines entering and operating in new markets: payments. Airline partners can avoid the lengthy process of establishing agreements with credit card issuers country by country by utilizing the company's billing and settlement plan (BSP) agreements in 190 countries.

Expanding beyond air networks and embracing the "train to your plane" model

W2 is also leading the way in driving passenger volume through intermodal travel with its Deutsche Bahn partnership. More than 50 airlines have added the ability to book high-speed train service to their networks through the rail operator's Rail&Fly initiative; passengers can book their flight and rail tickets on a single itinerary and get to any airport or train station in Germany served by Deutsche Bahn, as well as Amsterdam, Brussels, Zurich and Vienna by rail.

"Our investment in developing solutions for airlines that remove the complexity of doing business in niche and remote markets and give them more control over their distribution, ticketing and revenue processes is resonating with carriers of all sizes as they rethink their traditional expansion approaches and grapple with ongoing cost-reduction and new revenue-generation demands heading into 2023," added Winter.

For more information about the company's growth and expanding airline network or to speak with company executives, please contact Vanessa Horwell at vhorwell@thinkinkpr.com.

About World Ticket

WorldTicket (IATA Codes W1/W2) is a leading provider of sophisticated global ticketing and distribution services to nearly 100 airlines across the globe. WorldTicket has its own AOC-holding airline, Flex Flight, operating under the IATA code W2, enabling airlines to easily outsource their distribution and ticketing functions to WorldTicket. Founded in 2002, WorldTicket is headquartered in Copenhagen, with offices in Miami, Bangkok, Warsaw, Kyiv and Beijing, and is part of the 777 Travel Tech group, the travel technology and aviation business unit of Miami-based investment firm 777 Partners. Visit www.w2ticketing.com to learn more. 

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.