-- Continental Designates Galileo as Long-Term Distribution Partner --
JUNE 6, 2006 – Galileo International, a leading global distribution system (GDS), and subsidiary of Cendant Corp. (NYSE: CD) today announced a five-year, full content agreement with Continental Airlines. Through the agreement, all of Continental’s published fares and inventory will be available to all users of the Galileo GDS system including Galileo-connected travel agencies, corporate customers and Cendant TDS online agencies booking through Galileo. In addition, Continental and CheapTickets, a subsidiary of Cendant Corp., also executed a new five-year strategic partnership in which CheapTickets and its affiliates will provide Continental’s full range of product, services and inventory to their customers.
“Through this partnership, we are delighted to provide full access to Continental’s fares and inventory to our customers through our offline and online distribution channels,” said Kurt Ekert, senior vice president, Supplier Services for Cendant TDS.
“We are pleased to provide Galileo subscribers with access to our full content through this agreement," said Jim Compton, executive vice president, Marketing for Continental Airlines. "This long-term partnership is a critical component in achieving our key business objectives of growing revenue and effectively managing our distribution costs.”
About Galileo International:
Galileo International is a global technology leader. Its core business is providing electronic global distribution services for the travel industry through its computerized reservation systems, leading-edge products and innovative, Internet-based solutions. Galileo is a value-added distributor of travel inventory dedicated to supporting its travel supplier, agency and corporate customers and, through them, expanding traveler choice. A subsidiary of Cendant Corporation and part of Cendant's Travel Distribution Services Division, Galileo is headquartered in Parsippany, NJ, and has offices worldwide. Visit www.galileo.com.
About Cendant Travel Distribution Services (TDS)
Cendant Corporation’s (NYSE: CD) TDS is one of the world’s largest and most geographically diverse collections of travel brands and distribution businesses. The division, employing approximately 8,000 people and operating in nearly 130 countries, includes: leading GDS (global distribution system) Galileo, serving more than 50,000 travel agencies and over 60,000 hotels; GTA, (Gullivers Travel Associates), a leading wholesaler and global online provider of hotels, destination services, travel packages and group tours; and leading online travel agencies including Orbitz®.
About Continental Airlines
Continental Airlines, together with Continental Express and Continental Connection, has more than 3,200 daily departures throughout the Americas, Europe and Asia, serving 151 domestic and 137 international destinations. More than 400 additional points are served via SkyTeam alliance airlines. With more than 42,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 61 million passengers per year. Continental consistently earns awards and critical acclaim for both its operation and its corporate culture. For the third consecutive year, FORTUNE magazine named Continental the No. 1 Most Admired Global Airline on its 2006 list of Most Admired Global Companies. For more company information, visit continental.com.