Exhibit 99.1




Travelport Worldwide Limited Reports Fourth Quarter and Full Year 2015 Results




LANGLEY, U.K., February 18, 2016

— Travelport Worldwide Limited (NYSE: TVPT) announces its financial results for the fourth quarter and full year ended December 31, 2015.


Key Points (for full year 2015 unless stated otherwise)

·Net revenue, Adjusted EBITDA and Adjusted Income per Share (diluted) all ahead of guidance
·Fourth quarter net revenue up 8%, Adjusted EBITDA up 18% and Adjusted Income per Share (diluted) up $0.23
·RevPas up 8% to $6.13 with growth in every geographic region
·Strong international revenue momentum; double-digit revenue and segment volume growth in Asia Pacific and Latin America & Canada
·Competitive advantage in airline merchandising strengthened with over 100 airlines added since start of 2015
·Beyond Air revenue up 16% to $492 million; now 23% of Travel Commerce Platform revenue (2014: 21%)
·Hospitality segment attachment up 11% to 47 per 100 airline tickets issued
·eNett revenue up 36% to $92 million; significant carryover of new customer implementations from Q4 2015 into 2016 with record month of revenue in January 2016
·Adjusted Free Cash Flow generation of $134 million, up $173 million
·Re-affirming growth expectations for 2016, in line with guidance given at our investor day in December 2015


Gordon Wilson, President and CEO of Travelport, commented:


“In 2015, we saw strong underlying progress across the entire business, resulting in financial performance ahead of guidance and with real growth momentum carrying forward to 2016. Our performance in Air was especially pleasing as our merchandising innovations continue to facilitate commercial success, helping us to overcome nearly all of the headwinds from our legacy Orbitz contract. In Beyond Air, which grew by 21% in Q4, we expanded our content leadership position in hospitality and achieved a record attachment rate of 50% this past quarter. Our fast-growing payments business, eNett, continues its upward trajectory and has seen considerable momentum into 2016 with the business achieving a record month of revenue in January. We are also seeing progress in other parts of our digital asset portfolio that includes MTT, our recently acquired mobile commerce business, as well as Locomote and Hotelzon. With these innovations, we are uniquely positioned to capture the new opportunities in the digital travel economy, and I re-affirm the positive outlook for Travelport as expressed in our guidance for 2016.”





Three months ended

December 31,


Year ended

December 31,

(in $ millions, except per share amounts)  2015   2014    Better /
   2015   2014   Better /
Net revenue   535    496    8%   2,221    2,148    3%
Operating income   40    5    *    191    161    19%
Net income (loss)   6    (42)   113%   20    91    (78)%
Income (loss) per share – diluted  $0.04   $(0.35)   111%  $0.13   $0.98    (87)%
Adjusted EBITDA   130    110    18%   535    540    (1)%
Adjusted Net Income (Loss)   27    (2)   *    122    (11)   * 
Adjusted Income (Loss) per Share – diluted  $0.22   $(0.01)   *   $1.00   $(0.12)   * 
Net cash provided by operating activities   108    69    58%   262    58    * 
Adjusted Free Cash Flow   70    41    68%   134    (39)   * 
Cash dividend per share  $0.075   $0.075       $0.300   $0.075    * 



* Percentage calculated not meaningful


The Company refers to certain non-GAAP financial measures in this press release, including Adjusted EBITDA, Adjusted Net Income (Loss), Adjusted Income (Loss) per Share, Capital Expenditures, Net Debt, Trading Working Capital, Adjusted Free Cash Flow and Unlevered Adjusted Free Cash Flow. Please refer to pages 11, 13 and 14 of this press release for additional information, including reconciliations of such non-GAAP financial measures. We have not reconciled Adjusted EBITDA guidance to net income (loss) guidance because we do not provide guidance for share-based compensation expense, provision for income taxes, interest income, interest expense, litigation and related costs, and other items, as certain of these items are out of our control and/or cannot be reasonably predicted.


The following information was filed by Travelport Worldwide Ltd (TVPT) on Thursday, February 18, 2016 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-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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