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Serious mischaracterizations have been made about us and the issue of who will have access to what fares. Some of those mischaracterizations have been based on simple ignorance, airgare but others have clearly been part of a concerted effort by us competitors to use misinformation to prevent us from offering new competition to them and discounts new choice to consumers. There is no agreement by airgare which any airline discounts would be precluded from making any fare it chose available through any retail airgare channel it chose. Airlines for 2 decades have been discounts like any other business in America, in that they can decide what they want airgare to charge and where they want to sell their product. And that remains true under the our agreements. Each and every airline, no matter what kind of participation it has, will be free to decide individually what fares it offers and whether or not to offer them through any other outlet.
Our agreements not only contain no provision barring any airline from making any fare available through any channel, they contain an affirmative non-exclusivity provision that makes it explicit that no airline is prevented from making any fare it chooses available through any channel it chooses. Our agreement contains a non-discrimination clause by which discounts those airlines that will receive the indirect discount on the CRS booking fee agree in return to make available on any fare they publish and make available to the general public through any other channel. But that of course does not preclude them from offering any fare through any other channel.
What airgare does this site have that other online travel sites don''t? Actually, it''s not what the site discounts has, but rather what it does. The heart and soul is actually a fare search engine with state-of-the-art technology to find and book fares. And consistently displayed more fares from more airlines than its competitors. It''s apparent that the consumer will have a new and improved way to book online travel that not only shows more choices but also steps up the competition airgare for the rest of the online travel booking services to improve their product a definite win-win for travelers. Backed by a $50 million investment and boasting powerful technology that helps do-it-yourself travelers find and sort airfares discounts more quickly than anything else on the market, we generated plenty of buzz from the moment the then-unnamed concept was announced in November 1999.
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