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2011 results

Travelport reinstates bonus program for employee – profits suffer

Travelport reported its 2011 results.  Net revenues were up for the full year at 2% over 2010, but operating income was down 27%.   In an interview with CEO Gordon Wilson, Travelport attributed the loss to the reinstatement of bonus programs for its employees. Travelport’s GDS transactions during the December quarter grew by 2 percent …

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