Exhibit 99.1


Redefining Travel Commerce

-Second Quarter 2014 Results-

Atlanta, GA, August 4, 2014

— Travelport is a leading travel commerce platform providing distribution, technology, payment and other solutions for the $7 trillion global travel and tourism industry.

Gordon Wilson, President and CEO of Travelport, commented:

“The first half of 2014 has been a significant one for Travelport. We have not only demonstrated continued financial growth and strong operating performance, but we have also made a number of targeted strategic investments in Beyond Air to extend this growth, specifically in all of the payments, corporate travel and hotel distribution aspects of our Travel Commerce Platform. Additionally, we entered into a new long-term agreement with Delta Air Lines for the provision of hosting services for two of their critical airline operating systems. From a capital structure perspective, we have concluded deleveraging transactions of almost $1 billion through a series of debt for equity deals and the sale of the majority of our shares in Orbitz Worldwide. Our business is now even stronger and we remain firmly on track to deliver our strategic goals.”

2014 Key Point Summary


    Year-to-date 2014 growth of +4% for Net Revenue and +6% for Adjusted EBITDA


    Travel Commerce Platform


    Over 50 airlines have now signed for Travelport’s industry leading Rich Content & Branding in addition to our merchandising capabilities


    Expanded our Beyond Air capabilities through strategic investments:


    Hospitality – purchased Hotelzon, a European based provider of corporate hotel booking technology


    Corporate Travel – purchased 49% of Locomote, an Australian based corporate travel procurement and management platform


    Payments – purchased a further 16% of eNett, our B2B payments company, taking our share from 57% to 73% in a transaction valuing the company at approximately $450 million


    Technology Services


    Signed a new long term agreement with Delta Air Lines to host their core reservations and operations systems


    Capital Structure


    Successfully completed deleveraging transactions amounting to $937 million year-to-date August 4, 2014, including debt for equity exchanges and the sale of substantially all of our shares in Orbitz Worldwide


    On a proforma basis, Net Debt at June 30, 2014 would have been $2.5 billion with a Total Leverage Ratio of 4.9x(1)


    Launched a comprehensive debt refinancing transaction for our remaining debt


(1) Proforma is calculated using June 30, 2014 Net Debt adjusted for the July 2014 Debt-for-Equity and Orbitz deleveraging transactions. The Total Leverage Ratio is calculated using Total Debt divided by the previous twelve months’ Adjusted EBITDA as defined under our Senior Secured Credit Agreement.

Financial Highlights

Second Quarter 2014


(in $ millions)

   Q2 2014     Q2 2013     $ Change      % Change  

Net Revenue

     551        537        14         3   

Operating Income

     60        56        4         7   

Income (Loss) before income taxes and share of earnings in equity method investments

     16        (97     113           

Adjusted Net Loss

     (9     (15     6         34   

Adjusted EBITDA

     146        139        7         5   


* Not meaningful

Travelport’s Net Revenue of $551 million for the second quarter of 2014 was $14 million (3%) higher than the second quarter of 2013, and Adjusted EBITDA of $146 million was $7 million (5%) higher than the second quarter of 2013.

Travelport RevPas increased 2% to $5.75.



The following information was filed by Travelport Ltd (TVPL) on Monday, August 4, 2014 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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