Travelzoo fined $50K by DOT for code-share disclosure violations The U.S. Department of Transportation announced it has assessed a $50,000 penalty against the online ticket agent Travelzoo for failing to properly disclose to consumers when flights were being operated under a code-sharing arrangement, and ordered the company to cease and desist from future violations.
News For TZOO From The Last 14 Days
Check below for free stories on TZOO the last two weeks.
Travelzoo Q1 outlook more uncertain after announcement, says Ascendiant Ascendiant believes Travelzoo's announcement of new heads for its Search and Local businesses due to continued weakness in local voucher sales and lower search revenues adds uncertainty to its Q1 outlook. Ascendiant added that its checks indicate that Travelzoo’s Local Deals decreased 15% in Q1 and the firm maintains its Hold rating on the stock.