Ebookers eyes profitability
May 15, 2008 | Online Travel
Travolution reports, that ebookers is "definitely on the path toward profitability", according to the chief financial officer of its parent company Orbitz Worldwide. Key to achieving this goal is the ongoing migration of all its European sites onto a new global platform.
Marsha C Williams told analysts on Orbitz’ Q1 earnings call that “losses [at Ebookers] have been coming down” and that getting ebookers into the black would be “a combination of an increase in revenue, as well as a reduction in expense.”
The ongoing migration of all its European sites onto a new global platform is key to these twin goals.
Chief executive officer Steve Barnhart explained: “We’re doing our first multiple language site in Belgium [and] once we get beyond that, there are no major new capabilities that we need to test or introduce for the first time… The cycle time and rolling outs for many countries is much much shorter.”
Get the full story at Travolution
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