Gross bookings dollar volume in the period increased 27 percent to $1.2 billion, parent company Expedia Inc. announced. The June quarter will be the last with year-over-year growth comparisons that benefit from
Egencia's acquisition of Via Travel. Expedia's earnings statement made multiple references to Egencia as a growth business, and indicated that a 7 percent increase in overall air tickets sold by Expedia was "primarily due to strong growth at Egencia." Egencia's adjusted earnings before interest, taxes, depreciation and amortization of $18 million in the quarter were off by 1 percent compared with the record-breaking year-earlier period. Expedia indicated that Egencia's June EBITDA was in line with its expectations and characterized Egencia as one of its businesses in which near-term profitability is less a priority than growth and scale.