Kayak IPO Values Company at $1.3 Billion
On Friday Kayak.com went public on the Nasdaq stock market listed under the ticker symbol “KYAK”. Its shares were up 16%, valuing the company at almost $1.3 billion. Kayak offered 3.5 million shares,...
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SWA LUV’s 2Q Profit, Up 42% (Chart)
Rising fares are helping Southwest offset higher fuel costs versus last year. On Thursday, the airline stated that 2Q profits were up 42% to $228 million. Operating revenue was up 12% to $4.62...
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Expedia Up Big on 2Q Results (Chart)
Expedia shares were up 25% on Friday to a 52-week high, after reporting second-quarter results. Results were driven by strong domestic and international bookings and strong hotel revenue growth up 16%...
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IAG Joining American and US Airways Discussions?
This past week American Airlines and US Airways agreed to exchange information in an effort to merge their companies. The two airlines said they would work in “close collaboration” and “good faith”...
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Dollar Thrifty Almost Bankrupt in 2008 Sells to Hertz for $2.3 Billion
Four years ago Dollar Thrifty was nearly forced into bankruptcy and its market capitalization had slipped to under $25 million. Since then, the rental car company posted three straight years of...
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Delta Refinery Purchase Looking Better?
At the Deutsche Bank Aviation Conference last week, Delta reviewed some of the data driving their continued enthusiasm for their refinery acquisition. Discussing the price of jet fuel and specifically...
View ArticleTravel Data Intelligence
Travel and Tourism is one of the largest industries in the world and has a wealth of publicly available information and data. However, the data is unorganized and strewn across the internet in so many...
View ArticleChina to US Tourism up 35%, Spain down 13%
The U.S. Department of Commerce announced this past week that 67 million international visitors traveled to the United States in 2012, a seven percent increase over 2011. The country that grew the...
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US Airways Execs Likely to Reduce AA Fuel Hedging
US Airways CEO Doug Parker has been named the new CEO of American Airlines. Parker, along with US Airways President Scott Kirby has steered US Airways away from hedging since 2008 when the extreme...
View ArticleBig Data Needs Big Community
Data, like any content, has greater value when multiple opinions and interpretations of it are shared and built upon by a group. Big data needs a big community to analyze it and understand it. At...
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