Orbitz Team Considers Spending Up To $125 Million
A leading executive for Orbitz, the multi-airline web site that will debut in early September, said the privately held company is prepared to spend $75-$125 million on the venture before it becomes "cash positive." At the same time, Carl Ruthstein, chief financial officer for Orbitz, would not...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.




