Tuesday, August 26, 2014

Orbitz Stock Falls After American Airlines Pulls Listings

http://ift.tt/1ARygit // American

FORT WORTH, Texas—American Airlines and US Airways are pulling flight listings from Orbitz after they were unable to reach agreement on a long-term contract.


Shares of Orbitz Worldwide Inc. fell more than 6% in afternoon trading on Tuesday.



American said it had already dropped its fares from the travel website and that US Airways listings would be pulled on Sept. 1.


Corporate customers of the airlines will still be able to book travel on Orbitz, but individuals will have to go to the airlines' websites or other travel agents — including online ones such as Expedia and Travelocity. Read more...


More about Travel, American Airlines, Orbitz, Business, and Travel Leisure



from MashableThe Associated Press
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