Orbitz

Travelport & Orbitz Safe for Now – and Tomorrow?

2011-10-01 by Phil Butler

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.

Orbitz Future Hinges on Travelport Debt

2011-09-23 by Phil Butler

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 Reaches 50 Million Visitors: But For How Long?

2011-09-20 by Aleksandr Shatskih

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 May Finally Be A Best Buy

2011-09-19 by Phil Butler

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.

Travel Agents and the Status Quo of Extinction

2011-08-31 by Phil Butler

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.