Expedia's CEO and CFO abruptly resigned Wednesday following disagreements with Expedia's board of directors on the direction of the company. The exits of CEO Mark Okerstrom and CFO Alan Pickerill take immediate effect, as Expedia chairman Barry Diller and vice chairman Peter Kern "will jointly preside over the company's day to day operations," according to a filing with the U.S. Securities and Exchange Commission.
In its final approval to Delta Air Lines' transatlantic joint venture with Air France-KLM and Virgin Atlantic, the U.S. Department of Transportation last month denied a plea from an online travel agency-affiliated group to carve out distribution from the scope of antitrust immunity.
It was inevitable Greg O'Hara would be asked about TripActions during his on-stage interview last week at the Phocuswright conference in Hollywood, Fla.
Mike Premo will pack up his bow ties and retire from ARC at the end of next year, clearing the path for EVP and COO Lauri Reishus to take the reins as president and CEO, the company announced.
By the time American Airlines and Sabre head back to court to retry antitrust claims US Airways initially filed against the global distribution system operator in 2011, a decade will have passed, according to a proposed schedule filed last week.
TripActions in the past month has turned on direct connections with Southwest Airlines and Lufthansa Group, following an inaugural direct connect with United Airlines in June. TripActions VP of booking experience and supplier strategy Danny Finkel said the travel management company, which prides itself on homegrown tech, is eyeing more direct connects with additional carriers. "Our mantra has been, and always will be: Content wins," he said.