Published: 25 Feb 2009:Orbitz Worldwide Inc has posted a quarterly net profit in the fourth quarter, reversing a year-ago loss.
The online travel company’s fourth quarter net revenue decreased nine percent to $180 million on gross bookings of $2.2 billion. Net income was $8 million for the quarter compared with a net loss of $11 million for the fourth quarter of 2007.
See full story at http://www.eyefortravel.com/news/north-america/orbitz-posts-8m-net-income-q4