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Expedia third-quarter profit falls: air ticket office

Washington, USA - Net profit fell 28%

Travel Web site Expedia Inc. said its quarterly net profit fell 28% partly on lower operating income and the elimination of interest income from its former parent company. Expedia said its profit was USD 59 million for the three-month period ending September 30. The company said its bookings increased 8% in the third quarter to USD 4.26 billion. Domestic bookings increased by 2%, while international...

AVIONEWS - World Aeronautical Press Agency - 68997
Rome, Italy, 11/13/2006 12:04
AVIONEWS - World Aeronautical Press Agency

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