17-Feb-2011 4:14 PM
Orbitz wounded in distribution dispute
Analysis
Online travel agent and distributor Orbitz, which also operates Cheaptickets.com, reported a 4Q2010 net loss of USD78 million as it suffers from the ongoing dispute with American Airlines over air fare distribution. Revenue in the period was up 4% year-on-year, to USD182.4 million.
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