Of the three to four percentage points of air distribution booking softness versus our prior assumption, roughly three quarters was driven by lower group bookings in the APAC region and global travel weakness.

May 7, 2025 / CFO / receipt, needs a key / Mike Randolphie, CFO | earnings call 2025-05-07 | transcript a25c329d-270f-4f8b-bde1-0e8c7f457448 | chars 7422-7631 | segment 7

During the fourth quarter, we experienced softness of GDS bookings late in the year below our expectations. We believe this is largely attributable to the slowdown in corporate travel in Q4, as Kurt mentioned earlier. Despite this, I'm pleased to share that we are seeing significant improvement in GDS volumes and GDS market share performance year to date.

Feb 15, 2024 / CFO / receipt, needs a key / Mike Randolphie, CFO | earnings call 2024-02-15 | transcript 0db0b227-2102-405f-91a6-b2118598ce77 | chars 21137-21494 | segment 21