PPRuNe Forums - View Single Post - American Airlines in dispute with Orbitz and Expedia
Old 29th Dec 2010, 02:24
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PAXboy
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American Airlines in dispute with Orbitz and Expedia

Here is one item: Expedia Now Suppressing American Airlines Fares - SmarterTravel.com

Another: Expedia hides American airfares after row
Expedia Inc’s travel website is hiding airfares for American Airlines after the third-largest US carrier pulled data from Orbitz Worldwide Inc as part of a legal dispute. Prices for American flights no longer appear at the top of the site when passengers search for tickets, while those for competitors such as United Continental Holdings Inc are still shown side by side so travellers can compare.
Then this: Expedia Shares Are Ready for Takeoff - Barrons.com
One might think that the a rise in the fortunes of both the travel and e-commerce industries in recent months would bode well for shares of online travel agency Expedia.

The stock is down almost 4% over the past year, depressed by fears of a push toward greater airline control over ticket sales and the spectre of a likely entrance by Google (ticker: GOOG) into the online travel arena, among other concerns.

Analysts argues that fears swirling around the stock are overblown and shouldn't seriously affect Expedia's (EXPE) bottom line. Meanwhile, Expedia trades at only 13 times forward earnings, a multiple that seriously undervalues its market leadership, robust earnings growth potential (16% growth expected in fiscal 2011) and solid management.
First, the Internet cut out the high street travel agent and buckets shops, now it might be used to cut out some of the online agents and bucket shops. Nothing stands still.
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