06/11/2007

News Update - November 6, 2007

Source: m-travel.com...

Ryanair ancillary revenues sending shockwaves through the industry...
The hype at the moment over ancillary revenue is well founded; check the news-wires and everyone is talking about Ryanair’s profit margin of 24% for the first half of 2007. Their forecasted net profits for 2007 have now been raised...

"Clearly, there's a place for social media within the travel spectrum"...
EFT's Travel Distribution Summit North America 2007 Special This year travel MSEs have raised funds even to the tune of US$15m this year in order to aggressively scale key areas of the business, while growing vertical search and building out...

"It's official – easyJet is just another high fares airline": Ryanair ...
Ryanair has accused easyJet of being a "closet high fares airline" following its deal to sell flights through travel agencies.

easyCar.com appoints Bill Jones as CEO...
Car rental broker easyCar.com has appointed Bill Jones as it's new CEO.

Serving advertising in and around the personal pages on social networking sites...
MySpace is set to share details of how it is building discrete audiences out of nearly 110 million users worldwide in a format it calls HyperTargeting.

easyJet signs break-through distribution deals with Amadeus and Galileo...
easyJet is to target the European corporate travel market with break-through distribution deals with Amadeus and Galileo, part of Travelport GDS.

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