("Travelport, American Air To Extend Content Agreements," at
4:40 p.m. EDT, erroneously described the status of the programs'
terms in the third paragraph. A corrected version follows.)
DOW JONES NEWSWIRES
Travelport LP and American Airlines agreed to extend agreements
involving terms of the travel-services group's ticket distribution
for AMR Corp.'s (AMR) airline, suggesting the spat with the parent
of American may be nearing a resolution.
The content agreements between the airline and Travelport's
global distribution systems--Apollo, Galileo and Worldspan--have
been extended concurrently and are no longer due to expire in
2011.
Terms of Travelport's opt-in programs for American remain
unchanged. Travelport said no further details will be disclosed at
this time, and an American representative wasn't immediately
available to comment on the agreement.
Broadly, airlines have sought changes in the way that global
distribution systems operate, pushing for more flexibility to sell
tickets and other products through their own websites. American has
been at the forefront of that effort, filing a suit against
Travelport in April and against another GDS operator, Sabre
Holdings Corp., in early June.
Shares of AMR closed up 3.9% to $4.24 and were inactive in
after-hours trading.
-By John Kell, Dow Jones Newswires; 212-416-2480;
john.kell@dowjones.com
--Doug Cameron contributed to this article.