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The Australian airline on Monday told CBS MoneyWatch that it sold 300 first-class tickets between Australia and the U.S. for 85% off their usual price — an unheard of discount.
CheapTickets is an online travel services company focusing on the leisure market, offering airline tickets, hotel and vacation rentals, rental cars, customized vacation packages, and cruises. CheapTickets was a wholly owned subsidiary of Orbitz Worldwide, Inc. , and with Expedia Inc. 's purchase of Orbitz, it is now a subsidiary of Expedia Group .
Cheapflights was founded in 1996 by John Hatt. [3] That year, its first website, www.cheapflights.co.uk, launched. [4] In 2000, ex-ABN Amro banker David Soskin and Hugo Burge led a buyout of the website from its founder.
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It was code-named T2, some claimed meaning "Travelocity Terminator", but adopted the brand name Orbitz when it commenced corporate operations as DUNC, LLC (the initials of its first four founding airlines) in February 2000.
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