Friday, November 12, 2004

Travel market shifts - Worldspan loses Expedia, Cendant Orbitz buyout complete

eyefortravel.com - Travel Distribution News, Events and Analysis:
"Expedia shifts bookings to competitor Sabre Travel Network, and Cendant completes its acquisition of Orbitz. "

Rakesh Gangwal, Chairman, President and Chief Executive Officer of Worldspan was not expecting the Expedia announcement and is reported as saying "that while Worldspan is still in talks with carriers, such as Air Canada, on full fare access, its web fare deals with airlines are virtually complete."

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