Four airlines to launch Web site

Published: 12 November 1999 y., Friday
Four of the five largest U.S. airlines said they will band together to start a multi-airline travel Web site, as they face growing competition from Internet companies offering low-priced air fares. United Airlines, Delta Air Lines, Northwest Airlines and Continental Airlines are forming the service. The Web site will open in the first half of 2000, and travelers will be able to book airline, hotel and rental car accommodations. In recent years, airlines have seen the advent of Web sites like Travelocity and Microsoft Corp._s Expedia that allow consumers to quickly find the cheapest air fares, as well as Priceline.com Inc., which enables them to bid for tickets. Travelocity is operated by booking system operator Sabre Holdings Corp., which is 83 percent owned by AMR Corp — the parent of American Airlines and the only one of the top five U.S. airlines not involved in founding the new site. The airlines said the site will offer the most comprehensive selection of online air fares and other travel information available on the Web. It is expected to publish fares from virtually all carriers worldwide and will welcome the posting of Internet fares from other carriers as well, the airlines said. A spokesman for United said deals with individual airlines will have to be negotiated.
The four airlines will continue to independently operate and develop their respective Web sites.
Customers using the new site will also have access to real-time departure and arrival information from each of the participating airlines. The site will be managed independently of the suppliers, in part to avoid charges that the airlines are illegally conspiring to set prices, said Bruce Parker, United_s chief information officer. A management team and identity for the site will be named at a later date.
Šaltinis: MSNBC
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EBRD and CIB Bank boost financing to businesses in Hungary

The EBRD is increasing the availability of financing to the real economy in Hungary, with a €50 million credit line to CIB Bank, including at least €10 million equivalent denominated in Hungarian Forint. more »

Bank SNORAS deposit portfolio exceeded LTL 5 billion

At the end of March 2010, AB Bank SNORAS deposit portfolio exceeded LTL 5 billion, of which over LTL 3 billion are household deposits. more »

Outstanding Development Results Gain Vietnam Additional Support

In affirmation of Vietnam’s remarkable progress towards Middle Income Country status, the World Bank Board of Directors today approved a second loan for Vietnam from the International Bank of Reconstruction and Development (IBRD). more »

World Bank Loan to Help Improve Efficiency of the Croatian Justice System

The World Bank today approved a EUR26 million loan to the Republic of Croatia aimed at further improving the efficiency of Croatia’s justice system − a necessary process in Croatia’s path towards successful European Union accession. more »

ACP-EU Assembly calls for support to banana producers and strengthening of sanctions against Madagascar

The ACP-EU Joint Parliamentary Assembly asked the European Commission to help EU and ACP banana producers adapt to the new EU-Latin America trade agreement, which is expected to put an end to fifteen years of “banana wars” between the two continents, but has raised concerns for the livelihood of some regions' producers. more »

“Africa’s Golden Moment Has Come,” Says World Bank Vice President for Africa

As seventeen of Africa’s 53 nations celebrate 50 years of independence in 2010, Africa’s “golden moment has come” and investors around the globe must look to the continent often painted only as risk-prone if they are to capitalize on business opportunities. more »

The approval of AB Bank SNORAS profit distribution

During the ordinary general shareholders’ meeting of AB Bank SNORAS, which took place on 31st March 2010, the bank’s profit distribution was approved. more »

Out of the crisis: a "real" economy and world governance system

The EU is the world's largest economy, with enough international clout to return to "real capitalism" rather than resign itself to an alien "financial capitalism", concluded MEPs and experts at a public hearing held on Thursday by Parliament's special committee on the crisis. more »

Giancarlo Scottà on food quality and country origin labels

Food quality and labelling are likely to be key issues when the Common Agriculture Policy is overhauled in the coming years. more »

EIB supports Russia’s power generation sector with EUR 250 million to contribute to energy efficiency and emission reduction

The European Investment Bank (EIB) is lending EUR 250 million to Russian company Enel OGK-5 to finance the upgrading of a gas fired power plant located in Nevinnomyssk, South Russia. more »