FlyerTalk Forums - View Single Post - Goodbye from Expedia Travels?!!
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Old Oct 27, 2001 | 9:02 am
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Welcome to the harsh reality of business. You can't just spend money, you gotta make it too. These internet travel ventures were never built on sound financial plans and with continual reductions in airline commissions, the business plans would not permit the frills like e-newsletter and glossy superficial consumer travel magazines. Remember, expedia itself has been sold to the Home Shopping Channel, so that's about the only thing keeping it alive.

It's no coincidence the airlines are loosing buckets of money too. You cannot keep selling a product at less than the cost of producing it. And since we all want cheap fares, commissions to down, frills like food on flights disappear, and pretty soon another Chapter 11 looms.

Who else got their notice from ClickMiles that we are all now creditors in their bankruptcy reorg?

We've only just seen the tip of this iceburg!
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