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Technology Stocks : Booking Holdings (formerly Priceline) -- Ignore unavailable to you. Want to Upgrade?


To: spal who wrote (2243)2/8/2000 12:38:00 PM
From: Frederick Langford  Read Replies (1) | Respond to of 2743
 
What they do is include the entire selling price of airline tickets as revenue, when they should in fact only be including the commission component.

Ahhhhh,
That's legal?
The ticket price would actually be debt, as they owe it to the airlines.
How can they get away with that?

Fred



To: spal who wrote (2243)2/8/2000 1:23:00 PM
From: Wes Stevens  Read Replies (1) | Respond to of 2743
 
s pal,

What do other companies in the industry do - i.e. other travel companies like amx travel?