Ryanair pull plug on Expedia

Ryanair today announced it's intention to terminate it's agreement with travel services company Expedia following the alleged failure of Expedia to honour the terms and conditions of the agreement. 

Ryanair had originally entered into the agreement with Travelscape LLC, the parent of Expedia in March 2007. The agreement gave Expedia exclusive rights to sell hotel space on the Ryanair.com website. The airline say that the agreement operated satisfactorily in the early stages but of late Expedia had been in breach of a number of it's payment obligations. Ryanair say that they will terminate the agreement on November 8 since Expedia have failed to remedy it's default or honour it's contractual obligations. Should Expedia remedy it's breach within 30 days Ryanair will give them a second chance.