American Express Business Travel Responds to the Entry of Proclaimed New GDS Technologies.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. today released a statement on the recent entry of proclaimed new technologies to the existing distribution infrastructure, the global distribution system (GDS GDS Global Distribution System GDS Google Desktop Search (Google) GDS Goodie Domain Service (Vienna University of Technology, Austria) GDS Guards ). American Express' position is as follows: American Express is actively monitoring the emerging activities of recently "proclaimed new technologies" as they work towards creating a distribution alternative. Customer advocacy is paramount to American Express. Keeping our clients' needs at the forefront, we acknowledge that the current GDSs' represent the most comprehensive access to content for our clients. While we understand some suppliers are actively promoting these new technologies to lower distribution costs distribution costs distribute npl → Vertriebskosten pl , we must first ensure that any such alternate distribution vehicle does not increase our customer costs, reduce the full content search process, or negatively impact client program management and data capture. The current new technologies are in "production" and "evolving" and do not have the total access or efficiency of existing GDSs', but we will continue to monitor the situation. About American Express Corporate Services American Express Travel Related Services Company, Inc. operates one of the world's largest travel agency networks, recording $19.9 billion in worldwide travel sales in 2004. More information on expense management tools from Corporate Services can be found at http://www.americanexpress.com/corporateservices. The American Express Company is a diversified worldwide travel, financial and network services company founded in 1850. It is a leader in charge and credit cards, Travelers Cheques, travel, financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against , investment products, insurance and international banking. American Express acts solely as sales agent for travel suppliers and is not liable for the actions or inactions of such suppliers. CST CST abbr. 1. Central Standard Time 2. convulsive shock treatment CST Central Standard Time Noun 1. # 1022318-10, TA# 002- Registered Iowa Travel Agency, TA# 149- Registered Ohio Travel Agency, NV# 2001-0126, ML#1192, Washington UBI UBI Universidade da Beira Interior (Portugal) UBI Unrelated Business Income UBI Unified Business Identifier UBI United Bank of India UBI UKW-Sprechfunkzeugnis für den Binnenschifffahrtsfunk # 600-469-694 |
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