Travelport Strikes Deal With Creditors That For Now Could Save It From Bankruptcy

Travelport Strikes Deal With Creditors That For Now Could Save It From Bankruptcy

A man wears a protective mask as he walks on Wall Street during the coronavirus outbreak in New York City, New York, U.S., March 13, 2020. Travelport is in a standstill agreement with its Wall Street creditors, holding off lenders until September in a $1.15 billion dispute over alleged debt defaults. Lucas Jackson / Reuters

Skift Take: The existence of the deal, previously unreported, should reassure anyone about the travel tech company's near-term stability.

— Sean O'Neill

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