Cendant: GDS Revenues To Stabilize

Cendant Corp. executives today said the agreement signed between Northwest Airlines and Sabre Travel Network provides little clarity on how such deals might be structured between the likes of Northwest and Cendant's Galileo global distribution system. Nevertheless, president and CFO Ron Nelson said, "I think revenues are going to be stable" after the bulk of negotiations between major airlines and GDS companies are concluded later this year.