Farecast Announces Agreement With American Airlines
SEATTLE– October 16, 2006 — Farecast.com, the first and only airfare prediction website, announced today a marketing relationship with American Airlines. The agreement gives Farecast access to American Airlines' lowest fares and makes it easier for Farecast to refer customers direct to www.aa.com for booking travel on American flights.
"We support Farecast because they provide useful information that helps consumers make smarter and more confident purchase decisions," said David Cush, American Airlines senior vice president, Global Sales. "Farecast's model supports direct AA.com bookings, where travelers can benefit from AA.com's lowest fare guarantee."
By working with American Airlines, Farecast will improve its user experience and will ensure Farecast.com users will have access to the lowest fares from the world's largest carrier.
"We appreciate American Airlines' support and confidence in our ability to provide actionable information that helps consumers purchase earlier and with piece of mind," said Hugh Crean, Farecast's president and chief executive officer. "We recognize that the best place for online customers to book American Airlines tickets is directly on AA.com. Through our marketing agreement, we can now more seamlessly facilitate direct booking at AA.com."
Farecast is committed to supporting airlines and strives to help airlines lower distribution costs and build customer value. When provided with better information from Farecast, customers are much more comfortable buying earlier and directly with airlines.
About Farecast, Inc.
Farecast.com is the first and only airfare prediction website. Farecast.com helps airfare shoppers across the country save money by answering the question: should you buy now or buy later? In addition to being the first to provide airfare predictions, Farecast.com displays the lowest fares from the major airline sites and offers industry leading flexible search tools. Farecast.com was named one of TIME Magazine's 50 coolest websites for 2006. The company is located in Seattle, Washington, and is funded by Greylock Partners, Madrona Venture Group and WRF Capital. To get a free airfare prediction from your city or to learn more visit www.farecast.com.
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Media Contact:
Anne Taylor Hartzell
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anne@annetaylorco.com