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Search results for “pay cut”
Singapore Airlines CEO, management take pay cuts
06/24/2009
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10:05:07 AM
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Singapore - The CEO of Singapore Airlines, the world's biggest by market value, will take a 20 percent pay cut as the carrier looks to cut costs after seeing profits battered by weak travel demand and volatile oil prices.
Universal Travel Group Announces Second Quarter 2010 Results
08/12/2010
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8:52:42 AM
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Revenue for the three months ended June 30, 2010, was $36.7 million compared to $18.4 million for the same period in 2009, an increase of 99.6%.
Sabre Holdings has been trying to escape its parent's shadow for years, but now it's paying a price
09/02/2009
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9:43:20 AM
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Sabre created American’s current system, and it started 50 years ago as a technology unit inside the airline. But the contract for the next-generation model was awarded to Hewlett-Packard last week, and Sabre failed to make the final cut.
Five-Star Hotel Rates to Drop, Hotwire’s Bason Says
08/26/2009
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10:20:37 AM
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Expedia Inc.’s Hotwire.com discount division expects hotel, airline and car-rental prices to resume their decline next month, led by cuts at five-star hotels as business travel “remains very depressed.”
Hotwire’s president talks about so-called ‘opaque’ travel sites
08/24/2009
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9:52:13 AM
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Clem Bason is the president of Hotwire.com, the discount travel Web site. I asked him about the outlook for bargains in the second half of the summer, and to address some of the consumer complaints about so-called “opaque” travel sites.
The incredible shrinking airline
07/09/2009
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9:17:56 AM
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June 30, 2009: The airline industry has suddenly discovered that small is beautiful. Maybe even profitable.
BA's Walsh pledges to avoid bankruptcy, threatens OpenSkies shutdown
06/12/2009
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6:42:04 PM
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British Airways CEO Willie Walsh is persisting with his message that "our business is under threat," and while promising that he "intends to do everything possible to ensure we don't become the next [General Motors]," which filed for bankruptcy protection last week, he reiterated that "in order to survive we all need to take long-term action, and do it quickly."
Expedia, Inc. Reports First Quarter 2009 Results
05/01/2009
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12:22:37 PM
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BELLEVUE, Wash., April 30 /PRNewswire-FirstCall/ -- Expedia, Inc. today announced financial results for its first quarter ended March 31, 2009.
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