Shares in the company, which recently listed on the London stock exchange at 99.5p, rose up 23.5p to 150p. We are going to focus on profitability.
Growth comes second.
Ebookers would have positive cash flow in the fourth quarter of this year or by early 2002, and profitability would follow shortly after. Site traffic also rose, to 10.1m this quarter from 7.6m in the fourth quarter of last year. The company is looking to move its administrative base to India to reduce costs, though without job losses, and plans to extend its services to business travellers.