Everyone associated with Travelport has to have breathed a sigh of relief on the news that Travelport Holdings successfully revamped their debt, extending their PIK until December of 2016. Unanimous support from their lenders now ensures the travel giants ongoing operations.
In news from Chicago, the state court of appeals there upheld an earlier decision forcing American Airlines (AMR) to allow Orbitz to sell tickets for its flights. Orbritz, the US’s second largest online ticket seller, has for months been embroiled in dispute with AMR.
TripAdvisor, currently the largest travel portal in the world, yesterday announced via a press release that it had reached a milestone of 50 million unique visitors each month, becoming the first stand-alone travel site to do so, according to statistics provided by comScore.
Orbitz announcements of deals and personnel changes, like most such corporate news fodder, would not ordinarly be a sign of anything big in the offing. However, with a closing price of $2.40 on Friday, and the inherent value underneath, it doesn’t take a rocket scientist to figure this stock is on the way up.
President Obama’s projection about travel agents, and the potential for them becoming obscolete brought on a firestorm of criticism from who else? The ASTA of course. The American Society of Travel Agents took great offense and injury at comments that. Comments that. Were effectively accurate, that’s what.
With the Winter travel season almost upon us, news from Sliline, a leading UK ski holiday site, offers the first of this year’s ski news snippets. The company’s launch of a new user friendly site, and other value propositions aims to awaken hybernating snowboarders and skiers to upcoming travel deals.
The new service will enable meeting planners and other business owners to access thousands of potential venues, compare supplier rates and review project status using an integrated online booking process.
For all those investors who emailed to ask me if the American Airlines slash Orbitz fight would be a game changer, the news today of skyrocketing Orbitz stock prices is as good an answer as any. Orbitz Worldwide Inc. bounced shares upward on an Illinois court reversal of their case against American Airlines. The court ordered American to resume selling flights via the online travel agency.
Orbitz continues celebrating their 10 Year Anniversary with some exclusive deals for their customers. For the Summer, Orbitz is offering discounted International Flights, and International hotel deals. Be sure and check out Argo’s “Quick Booking” evaluation.
In response to an American Airlines antitrust lawsuit against Travelport and Orbitz, the Business Travel Coalition (BTC) released a statement saying the travel programs are simply pawns in the airline’s game, and the lawsuit is a symptom of a larger problem. American filed suit against Orbitz and Travelport for discouraging travelers from using the airline’s […]
The war in online travel over basically who gets what & when continues this week with Delta Airlines snatching seats from Rick Seaney’s FareCompare, American Airlines going hog wild trying to engage on their own, and Google outlining (see Matt Cutts video below) how they can manually crucify websites for SPAM. Meanwhile travelers just want some price break justice.
The online travel war between OTA’s, airlines, and other interested parties has grown into an industry damaging PR nightmare. American Airlines, Google, Expedia, all the major players may not realize how frustrating their power moves are for the little people. These companies are jeopardizing their own future, and that of developers all over the world.
American Airlines and ITA penned a deal the other day which AA claims had nothing to do with Google’s acquisition of ITA technology. But the suggestion still remains as to what exactly Google is doing to fend off its opponents in the so called “Online Travel War.” Is Google silently orchestrating the downfall of Expedia and the others of FairSearch? Well, probably not anything so diabolical, but winning the ITA acquisition with underlying business relationships? This is not only possible, but probable.
The online airfare wars escalate as American files suit against Sabre in an attempt to force American’s “direct connect” initiative. With battle lines clearly drawn, can American Airlines win the real or PR war where going back to a closed system is concerned? Not likely, but the story is never the less interesting. Who will take American’s side is the burning question of the day?
American Airlines started an online ticket war late last year they may not be able to finish. Now Amadeus is firing warning shots across the cockpits of airlines poised to go it via “direct connect” rather than relying on OTA’s to sell seats. In a bold but quiet move, one of the world’s biggest travel players takes sides with Expedia and Orbitz.