Orbitz Worldwide, Inc.

Orbitz Worldwide, Inc. (Orbitz) is an online travel company, engaged in offering a wide range of travel related services. It uses innovative technology to allow leisure and business travelers to search, plan and book a range of travel products. The company operates a range of consumer brands including Orbitz, CheapTickets, ebookers, HotelClub, RatesToGo, the Away Network, Asia hotels, and corporate travel brand Orbitz for business, which are recognized throughout the world. It conducts its business in more than 120 countries. The company helps the travelers in searching and booking airline tickets, hotels, car rentals, cruises, vacation packages, travel insurance and destination services such as ground transportation. Additionally, the company offers services such as event tickets and tour planning. Orbitz is headquartered at Chicago (Illinois), the US.The company reported revenues of (U.S. Dollars) USD 870.00 million during the fiscal year ended December 2008, an increase of 1.28% over 2007. The operating loss of the company was USD 238.00 million during the fiscal year 2008, as against an operating income of USD 42.00 million during 2007. The net loss of the company was USD 299.00 million during the fiscal year 2008, as compared to a net loss of USD 85.00 million during 2007.