G2 SwitchWorks said it received funding from Norwest Venture Partners and Texas Pacific Group's TPG Ventures. G2 is a GDS new-entrant company that has stated its fees to airlines will be priced 80% below what GDSs currently charge (ATWOnline, Feb. 28). As part of the investment, Jim Lusser of Norwest and Bill McGlashan of TPG Ventures will join G2's board. David Bonderman, managing general partner of Texas Pacific and chairman of Ryanair, will serve as a special adviser to the board, as ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.