• Most Popular
  • Most Shared

Orbitz focused on internal growth: CEO

NEW YORK
Mon Mar 2, 2009 4:45pm EST

Stocks

   

NEW YORK (Reuters) - Online travel agency Orbitz Worldwide (OWW.N) is less focused on external acquisitions than on internal growth, the company's chief executive said on Monday.

Speaking by phone at the Reuters Travel and Leisure Summit Barney Harford said he sees "significant opportunity" for growth in the Asia/Pacific region. He also said he would prefer to see airlines expand, rather than trim, capacity.



More from Reuters

A Greenpeace activist dressed as one of the "Four Horsemen of the Apocalypse" rides outside the parliament building during a brief protest in Copenhagen December 13, 2009.   REUTERS/Christian Charisius

The face of climate protest

Protesters around the globe called for an end to global warming as climate talks in Copenhagen entered their sixth day.  Video 

    In this photo reviewed by the U.S. Military, a guard leans on a fencepost as a Guantanamo detainee (L) jogs inside the exercise yard at Camp 5 detention center, at the U.S. Naval Base in Guantanamo Bay, January 21, 2009.  REUTERS/Brennan Linsley/Pool

    Life after Guantanamo

    Critics are worried that Gitmo prisoners once dubbed "enemy combatants" will be using prisons as pulpits for anti-American rhetoric once they're moved to U.S. soil.  Full Article 

    Lockheed Martin Chief Executive Robert Stevens answers a question during the Reuters Aerospace and Defense Summit in Washington December 14, 2009.  REUTERS/Molly Riley

    Lockheed eyes deals

    The future demands of cybersecurity make that sector one of many the aerospace giant sees as an acquisition target in the coming year.  Full Article