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AirTran Airways Signs Partnership Agreement with Expedia
Expedia (NASDAQ:EXPE)
Intraday Stock Chart
Today : Tuesday 19 April 2011
Click Here for more Expedia Charts.
Expedia, Inc., the world's largest online travel company (Nasdaq: EXPE), today announced it has signed a marketing and distribution agreement with AirTran Airways (NYSE: AAI), one of the largest low-cost scheduled airlines in the United States offering more than 700 daily flights to more than 60 destinations across the US and the Caribbean. Under the agreement, AirTran Airways' fares and inventory will continue to be available to the millions of travelers that visit Expedia®, Egencia® and Hotwire® sites in the US each month.
(Logo: http://photos.prnewswire.com/prnh/20110121/SF33870LOGO-b)
"Our goal is to make AirTran's products and services available to travelers in ways that meet their needs and in a manner that is consistent with our distribution strategies and cost goals," said Kevin Healy, Senior VP Marketing & Planning, AirTran Airways. "Our partnership with Expedia gives us access to millions upon millions of travel shoppers each month, effectively marketing AirTran products in a targeted and cost-efficient manner."
"Expedia aims to continually identify opportunities to create value for our customers and our travel partners," said Greg Schulze, Senior Vice President, Global Tour and Transport, Expedia Partner Services Group. "This partnership with AirTran allows us to continue providing our customers with an extensive selection of travel offerings, while still providing our partner with one easy-to-use marketing and distribution option."
Today's announcement builds on a history of successful collaboration between Expedia and AirTran beginning in 2006.
About AirTran
AirTran Airways is a Fortune 1000 company and has been ranked the number one low cost carrier in the Airline Quality Rating study for the past three years. AirTran Airways is the only major airline with Gogo Inflight Internet on every flight and offers coast-to-coast service on North America's newest all-Boeing fleet. Our low-cost, high-quality product also includes assigned seating, Business Class and complimentary XM Satellite Radio on every flight.
About Expedia, Inc.
Expedia, Inc. is the largest online travel company in the world, with an extensive brand portfolio that includes more than 90 localized Expedia.com®- and Hotels.com®-branded sites; leading U.S. discount travel site Hotwire®; leading agency hotel company Venere.com™; Egencia®, the world's fifth largest corporate travel management company; the world's largest travel community TripAdvisor® Media Group; destination activities provider ExpediaLocalExpert®; luxury travel specialist Classic Vacations®; and China's second largest booking site eLong™. The company delivers consumers value in leisure and business travel, drives incremental demand and direct bookings to travel suppliers, and provides advertisers vast opportunity to reach the most valuable audience of in-market travel consumers anywhere through TripAdvisor Media Group and Expedia Media Solutions. Expedia also powers bookings for some of the world's leading airlines and hotels, top consumer brands, high traffic websites, and thousands of active affiliates through Expedia® Affiliate Network. (NASDAQ: EXPE)
About Expedia® Partner Services Group
Expedia Partner Services Group (PSG) is the central point of contact for travel supply partners to access the global Expedia marketplace of leading travel brands comprising more than 90 points of sale worldwide. With hundreds of employees in local markets throughout the world, Expedia® PSG makes it easy for suppliers to meet their global distribution objectives, and delivers a portfolio of innovative connectivity solutions, rate and inventory management tools, business intelligence reports, and online marketing expertise
Expedia and Egencia are registered trademarks or trademarks of Expedia, Inc., in the U.S. and/or other countries. Hotwire is either a registered trademark or trademark of Hotwire, Inc., in the U.S. and/or other countries. © 2011 Expedia, Inc. All rights reserved. CST: 2029030-50
SOURCE Expedia, Inc.
Press Kit
The Expedia, Inc. family includes some of the world’s most popular travel brands and represents the largest and most sophisticated online travel marketplace.
Expedia, Inc. is the world’s leading online travel company. With more people booking travel online in Expedia’s global marketplace than anywhere else, the company delivers consumers value in leisure and business travel, drives demand for travel suppliers, and provides advertisers opportunities to reach in-market travel consumers. The Expedia, Inc. portfolio of brands includes Expedia.com®, Hotels.com®, Venere.com™, Hotwire®, Egencia™ (formerly Expedia Corporate Travel), TripAdvisor®, ExpediaLocalExpert®, ClassicVacations® and eLong™. Expedia, Inc.’s companies operate more than 70 global points of sale in more than 55 countries. Expedia also powers bookings for some of the world’s leading airlines and hotels, top consumer brands, high traffic websites, and thousands of active affiliates through Expedia® Affiliate Network. (NASDAQ: EXPE)
Dara Khosrowshahi
President and Chief Executive Officer
Dara Khosrowshahi became CEO of Expedia, Inc. when it spun off from IAC/InterActiveCorp (IAC) in August 2005. Prior to that, he was acting CEO of the travel portfolio within IAC from December 2004. Previously, Khosrowshahi had served as executive vice president and chief financial officer of IAC/InterActiveCorp since January 2002. In this capacity, he oversaw all financial matters of IAC, served in IAC's Office of the Chairman, and was directly involved in the expansion of IAC's travel portfolio through various acquisitions.
Khosrowshahi was IAC's executive vice president of operations and strategic planning from July 2000 to January 2002. From August 1999 to July 2000, Khosrowshahi served as president of USA Networks Interactive, a division of IAC. In this capacity he oversaw management, operations, and strategic planning of the interactive services division.
Khosrowshahi joined IAC (then USA Networks) in 1998 as vice president of strategic planning. He was promoted to senior vice president in May 1999. Prior to joining IAC, Khosrowshahi worked at Allen & Company LLC from 1991 to 1998, where he served as vice president from 1995 to 1998.
Khosrowshahi received a BA in engineering from Brown University in 1991.
Company Facts & History
Expedia, Inc.: A Brief History of the Online Travel Industry Pioneer
In 1996, a small division within Microsoft launched online travel booking site Expedia.com®, which gave consumers a revolutionary new way to research and book travel. Three years later, Expedia was spun out of Microsoft, becoming a publicly traded company on NASDAQ under the symbol EXPE. Meanwhile, the other brands in the current day Expedia, Inc. portfolio were independently established and began their respective courses of development.
In the first few years of the new millennium, Expedia® became – and remains – the world’s leading online travel company. By 2001, it had acquired a number of other travel companies and in 2002 InterActiveCorp (IAC) acquired a controlling interest in Expedia. Expedia grew within IAC, and its synergies with its parent company’s other travel holdings became more and more salient. In 2005, IAC spun out its travel businesses under the name Expedia, Inc. Today Expedia, Inc. is the parent company to a global portfolio of leading consumer brands.
Expedia’s corporate headquarters are located in Bellevue, Washington, with offices throughout the Americas, Europe, and Asia-Pacific regions.
Expedia, Inc. employs 8,900 full-time and part-time employees worldwide across its network of brands, including approximately 1,860 employees of eLong, Inc., a Chinese subsidiary. These employees make Expedia what it is today, with responsibilities ranging from customer service and website development to securing the best selection of travel options available anywhere. In fact, Expedia has over 400 employees based in local markets throughout the world who are solely focused on growing and managing Expedia’s valued relationships with hotel and airline partners and other travel suppliers.
Learn more about our Executive Leadership and Board of Directors
Global Presence
The brands that comprise Expedia, Inc. operate sites localized for more than 90 points of sale in more than 60 countries worldwide.
Expedia has local-language sites in 22 countries worldwide.
Hotels.com operates more than 75 local country sites, throughout North and South America, Europe, the Middle East and the Asia-Pacific region.
Egencia, the fifth largest corporate travel management company in the world, has local-language sites in 39 countries worldwide.
Financial Highlights
2010 Gross Bookings: $25.9 Billion
2010 Revenue: $3.35 Billion
See the Expedia, Inc. Investors page for more detailed financial information
Usually companies are required to offer positions internally to give their current employees equal opportunity. If JBI does not have an internal site for their employees this may be the equivalent. Just a thought, IMO.
Can't hold this down, green coming shortly, then $2.30 test coming. IMO
Nice early L2, should be a great day here today!
EOD push money is here :)
Ya I think they have already started. I mean, I saw a 10000 share buy go through so, unless one of us regular traders is throwing 20gs around, I think some big boys are already here.
Hey mpeppy,
Nice, I love charts myself, only know the basics but it has helped me a lot, at least for sanity if nothing else.
Used to work for ALU, best job I ever had actually. I knew would get back to these levels, and higher, I told everyone working there to buy shares at those 1 2 and 3 dollar levels. My problem? I didn't follow my own advice :(
Still is at least a $12 stock to me, in time I guess.
Half-way to $12, no surprise, we will get there.
MM's don't feel the need to show my 5 share buy. Hey, it's still a buy!
Well, I think my prediction was a week late, but still called that 100%+ jump!
Don't be silly, HOD coming here, pay some attention!
HaHa, that would spell ETMM :)
CANT is a funny MM name.
Down 40% every day is getting pretty annoying. I guess the good news is it can only go on for so long before we are at 0 lol.
1 @ .0065, 1 @ .0085, then 3 @ .011!
Don't be fooled, those were buys. And who was saying the other day that MM manipulation is an IHUB myth. LMAO!
.0089 up! Only 1, then 2 @ .011, and .02 up!
.008 up! .01 next, .011, then .02's coming!
I agree. Too bad for me as I am in @ .024 lol. What can I do? Hold and hope, that is all.
.0004 right now.
ETMM doing that raise bid by .0001 after a sell thing again.
Hey I said higher highs and lower lows, not lower highs and lower lows, lol, c'mon GACFQ! What a day...
I can't screenshot L2 fast enough, keeps changing. ETMM keeps beating NITE to stay first on bid and ask. And if you think that's ETrade traders who are placing orders consistently .0001 above or below NITE, and don't believe in MM manipulation, that's fine, that is your view. THIS IS MINE!
Bid = NITE @ .013, ETMM @ .0122
Ask = ETMM @ .0141, NITE @ .0145
HaHa! Wish I saved my load for today. Wait, we did open with .02 trade right? Hanging on here...
Let's bounce to 5 cents!
No worries, anytime. Been on a trial of IHUB L2 so maximizing that. It beats my broker L2 by a mile, but for the amount I trade, a little costly.
2 @ .017 x 2 @ .019 - Looking good, morning dip is done, time to fly!
3 @ .05 now, AUTO jumped on board. Does it really mean anything though?
Nice job, still looking good to me. We are still in goldie cross' zone here~!
Wow, just unreal. What will tomorrow bring? Higher highs and lows hopefully :)
MM's manipulating heavily, wow, NITE and ETMM so shameless lol!
Ya true lol, crazy ask lowering on buys and bid raising on sells haha this stock is nuts. Hopefully power hour we can find out!
Ask 1 @ .021 now = NITE
1 @ .023 now = UBSS
.024 fake or real wall? Can we break it this time?
Someone hit those dang .0199's already jeez.
We are so ready to move up here! .025 coming IMO! .03 even possible today!
Got my .017's. Smash the ask with me here, and we move right back into the .02's IMO. Need MORE ask smashing!