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The Honolulu Advertiser
Posted on: Thursday, October 11, 2001

Business briefs

Advertiser Staff and News Services

Cheap Tickets name replaced

Cendant has closed on its $280 million purchase of Cheap Tickets and will roll the business, and its more than 14 million users, into Cendant affiliate Travel Portal Inc.

Sam Galeotos, president and chief executive of Cheap Tickets, will become chairman of Travel Portal and chief executive of Cendant's Travel Services and Supplier Group.

Mainland cruise schedule cut

American Classic Voyages will trim a total of 27 cruises off the schedules of Mainland subsidiaries Delta Queen Steamboat Co. and Delta Queen Coastal Voyages in 2001-02.

The cutbacks are being made during the slower winter season "to better align capacity with expected demand during a challenging environment," the company stated.

"We felt it was prudent to focus our demands on our highest-demand sailings," said President Rod McLeod.