Travelport saw adjusted second quarter earnings rise by 5% year-on-year to $146 million.
Revenue for the three months was up by 3% to $551 million.
The travel technology company has sold the majority of its shares in Orbitz Worldwide for $54 million this year and launched a refinancing transaction for its remaining debt of $3 billion.
The debt was cut by $247 million in the first half of the year.
The first half of the year saw the company purchase a further 16% of B2B payments company eNett to take its shareholding to 73% in a deal valuing the business at approximately $450 million.
Travelport also purchased European corporate hotel booking technology provider Hotelzon and took a 49% stake in Australian business travel procurement and management platform Locomote.
A deal was signed with Delta Air Lines to host its core reservations and operations systems.
Travelport president and chief executive Gordon Wilson described the first half of the year as being “significant” for the company.
“We have not only demonstrated continued financial growth and strong operating performance, but we have also made a number of targeted strategic investments 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.”