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Orbitz revenue down 19% in 2Q2009

6-Aug-2009 2:33 PM

Orbitz revenue down 19% - financial highlights:

  • Three months ended 30-Jun-2009;
    • Bookings: USD2,678 million, -12%;
      • Air: USD1,960 million, -13%;
    • Revenue: USD188 million, -19% year-on-year;
      • Air: USD69 million, -24%;
    • Operating costs: USD166 million, -23.1%;
    • Operating costs: USD22 million, -46.7%;
    • Net profit: USD10 million, compared to a loss of USD5 million in the previous corresponding period;
  • Six months ended 30-Jun-2009:
    • Bookings: USD5,061 million, -14%;
      • Air: USD3,622 million, -16%;
    • Revenue: USD376 million, -16%;
      • Air: USD150 million, -19%;
    • Operating costs: USD677 million, +55.3%;
    • Operating profit (loss): (USD301 million), compared to a profit of USD14 million in the previous corresponding period;
    • Net profit (loss): (USD326 million), compared to a loss of USD20 million in the previous corresponding period.