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Orbitz history
Orbitz company history timeline
Orbitz.com officially opened for business in June 2001.
Orbitz began charging a $5 per ticket fee in December 2001.
Stock Advisor launched in February of 2002.
Orbitz's estimated $2.5 billion in bookings in 2002 more than tripled the previous year's result.
Orbitz sold 2.3 million room nights in 2002, one-fifth that of Expedia, Inc., owned by USA Interactive.
He was also a computer whiz who had pioneered web browsers at the University of Illinois with Netscape cofounder Marc Andreessen (who would join the Orbitz board in 2003). Zoghlin left the firm in April 2003.
After delays, the company went public in 2003 and began trading in 16th of December, raising $317 million.
Skeptics blasted Orbitz's lack of consistent profits, and noted that the commission rates the airlines paid were scheduled to drop to 37 percent of their value by 2006.
Orbitz hasn't always been on good terms with major airlinesDuring late 2010 American Airlines actually ceased offering fares to customers via Orbitz.com.
39.4 billion dollars gross bookings (2013)
In 2015, Orbitz.com was acquired by travel company Expedia Inc.
"Orbitz, Inc. ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/orbitz-inc
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Orbitz competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| KAYAK | - | $292.7M | 200 | 8 |
| Hotwire | 2000 | $35.0M | 301 | 4 |
| Sabre | 1960 | $3.0B | 9,950 | 68 |
| eBay | 1995 | $10.3B | 13,300 | 235 |
| Uber Technologies | 2009 | $44.0B | 22,800 | 21 |
| United Online | 2001 | $151.1M | 200 | - |
| Airbnb | 2008 | $11.1B | 5,597 | 44 |
| FareCompare | 2007 | $5.0M | 50 | - |
| Avis Budget Group | 1946 | $5.4B | 30,000 | 1,069 |
| Lyft | 2012 | $5.8B | 4,369 | 312 |
Orbitz history FAQs
Zippia gives an in-depth look into the details of Orbitz, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Orbitz. The employee data is based on information from people who have self-reported their past or current employments at Orbitz. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Orbitz. The data presented on this page does not represent the view of Orbitz and its employees or that of Zippia.
Orbitz may also be known as or be related to Orbitz, Orbitz LLC, Orbitz Partner Network, Orbitz Worldwide, Orbitz Worldwide Inc, Orbitz Worldwide, Inc. and Orbitz, LLC.