You might have missed it in the latest earnings report from Orbitz (NYSE:OWW), but the company signed a term-sheet with an Australian-based travel company called JTG. Under the terms of the deal, Orbitz will be leading the charge to help JTG bring their online website, helloworld, up to speed to have digital capabilities. It's a deal that no one is talking about, and it has major implications for Orbitz moving forward.
In this article, we want to delve into this deal. Most of the focus for OWW is on their mobile growth and attempt to brand themselves in foreign markets. The company, though, continues to struggle with growth, gaining market share, and profitability. While we see a lot...
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