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Orbitz posts net income of $10m in 2Q

08/07/2009| 9:26:25 AM| 中文

Published: 06 Aug 2009: Despite a weak economy and a dramatic change in the US fee landscape, online travel agency Orbitz WorldWide posted a second-quarter profit.

Orbitz said its net profit was $10 million, compared with a year-earlier loss of $5 million. Revenue decreased 19 percent to $188 million, mostly owing to the elimination of the airline booking fees in the US and a drop in hotel-room rates.

See the full story at www.eyefortravel.com/news/north-america/orbitz-posts-net-income-10m-2q
TAGS: Orbitz
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