Travelport had $3.4 billion in long-term debt as of March 31, a decrease of almost $500 million from a year earlier. Orbitz, perhaps spurred by the share-sale announcement, on Wednesday announced preliminary second-quarter results, saying revenue rose 10% from a year earlier to $248 million. Second-quarter adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) rose 8.1% to $45 million. The company reported that the number of booked hotel room nights rose 20% from a year earlier. Get the full story at Travel Weekly