Priceline buys Kayak for $1.8 billion
Priceline has purchased Kayak Software Corp. for $1.8 billion in cash and stocks.
In a conference call with financial analysts on Thursday afternoon, Priceline chief executive officer Jeffery Boyd said the Kayak deal brings the company engineering talent and deep expertise in the increasingly important mobile market.
Haven’t booked your Thanksgiving travel yet? Hotwire says you’re not alone
According to new data from Hotwire, 78 percent of Americans who plan on traveling for Thanksgiving haven’t made plans as of October 26.
“Booking last minute travel can be risky during these busy times, but it’s not impossible to nab a deal. Procrastinating travelers are just going to have to be a bit savvier and more vigilant in order to score savings over the next few weeks,” says Clem Bason, president of the Hotwire Group, in a release.
Boeing begins construction of British Airways’ first 787
Boeing has started construction of British Airways’ first 787 with a scheduled delivery date of May 2013.
British Airways has ordered 24 Boeing 787-8 Dreamliners, as well as 12 Airbus A380 superjumbos.
The airline is on track to be first in Europe to have both the Boeing 787 and the Airbus A380 operating in its fleet, according to British Airways.
(Photo: drukelly/Flickr Creative Commons)