SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934
to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | December 21, 2010 |
Orbitz Worldwide, Inc.
Delaware
(State or Other Jurisdiction of Incorporation)
1-33599 | 20-5337455 | |
(Commission File Number) | (I.R.S. Employer Identification No.) |
500 W. Madison Street, Suite 1000, Chicago, Illinois | 60661 | |
(Address of Principal Executive Offices) | (Zip Code) |
(312) 894-5000
(Registrants Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2):
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 Other Events
The Circuit Court of Cook County today denied Travelport, LPs motion for a preliminary
injunction in Travelport, LP v. American Airlines, Inc. The consequence of this ruling is
that the temporary restraining order prohibiting American Airlines,
Inc. (AA) from
terminating any of its agreements with Orbitz Worldwide, Inc. (the
Company) is no
longer in effect.
The Company will continue to seek an
arrangement with AA to distribute AA tickets on its Orbitz.com and Orbitz for Business sites. For the nine
months ended September 30, 2010, the net revenue associated with AA tickets booked on the Companys
Orbitz.com and Orbitz for Business sites, including ancillary revenue, such as associated hotel,
car rental, travel insurance and destination services revenue, represented approximately five
percent of the Companys total net revenue.
Forward-Looking Statements
This Form 8-K contains forward-looking statements that involve risks, uncertainties and other
factors concerning, among other things, the ability to distribute AA tickets in the future. The
Companys actual results could differ materially from the results expressed or implied by such
forward-looking statements. The potential risks, uncertainties and other factors that could cause
actual results to differ from those expressed by the forward-looking statements in this Form 8-K
include, but are not limited to, the ability to negotiate an alternative distribution arrangement
with AA, the economic recession and general state of the financial markets; competition in the
travel industry; factors affecting the level of travel activity, particularly air travel volume;
maintenance and protection of the Companys information technology and intellectual property; the
outcome of pending litigation; the Companys level of indebtedness; risks associated with doing
business in multiple currencies; trends in the travel industry; and general economic and business
conditions. More information regarding these and other risks, uncertainties and factors is
contained in the section entitled Risk Factors in the Companys filings with the Securities and
Exchange Commission (SEC) which are available on the SECs website at www.sec.gov or the
Companys Investor Relations website at www.orbitz-ir.com. You are cautioned not to unduly
rely on these forward-looking statements, which speak only as of the date of this Form 8-K. All
information in this Form 8-K is as of December 21, 2010, and the Company undertakes no obligation
to publicly revise any forward-looking statement.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ORBITZ WORLDWIDE, INC. |
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December 21, 2010 | By: | /s/ James P. Shaughnessy | ||
Name: | James P. Shaughnessy | |||
Title: | Senior Vice President, Chief Administrative Officer and General Counsel | |||
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