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Orbitz


Orbitz Worldwide is an Internet travel company headquartered in Chicago, Illinois.

Through its primary web site Orbitz.com, Orbitz Worldwide enables travelers to research, plan and book a broad range of travel products. Orbitz Worldwide is a publicly-traded company, listed on the New York Stock Exchange (NYSE: OWW), following its initial public offering (IPO) in July 2007. Orbitz Worldwide's largest investor is Travelport, one of the world's largest networks of travel brands, content and service offerings.


Originally established through a partnership of major airlines, and subsequently owned by various entities, Orbitz.com, the flagship brand of Orbitz Worldwide, has been in operation since 2001.

Other Orbitz Worldwide online travel companies include: CheapTickets (www.cheaptickets.com) and the Away Network (www.away.com) in the Americas; ebookers (www.ebookers.com) in Europe; and HotelClub (www.hotelclub.com) and RatestoGo (www.ratestogo.com), based in Asia Pacific with operations globally. Orbitz Worldwide also owns and operates a corporate travel company, Orbitz for Business.

Orbitz was the airline industry's response to the rise of online travel agencies such as Expedia and Travelocity, as well as a solution to the continued increase in Global Distribution System GDS fees. Continental Airlines, Delta Air Lines, Northwest Airlines, and United Airlines, subsequently joined by American Airlines , invested a combined $145 million to start the project in November 1999.

The company began Beta testing early the next year, and Orbitz.com officially launched in June 2001.


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