Terrell Jones, CEO of Travelocity

This is a partial transcript from Your World with Neil Cavuto, November 20, 2001.

NEIL CAVUTO, HOST: With a slew of airport hassles to face, and as we said, that extra travel time to budget in, you can give thanks if you're not flying this week! But if you are flying this week, boot up the computer before you leave the house.

On-line travel giant tradecraft has representatives stationed at 20 of the nation's busiest airports. And they are monitoring all sorts of travel, and all the delays, from air traffic and security to baggage and even parking. All the information is updated hourly on the company's Web site.

Here's the man who runs it, Travelocity's Terrell Jones. Terrell, good to have you back.

TERRELL JONES, CEO, TRAVELOCITY: Nice to be here, Neil.

CAVUTO: Anecdotally, tell me what you're seeing, as far as traffic, as far as interests, as far as going out for the holiday season?

JONES: Well, it's getting pretty busy. Our books are down a bit for this year's Thanksgiving over last year, but Christmas, we're seeing more bookings than we did year over year. So, things are getting better every day. I think people are getting more comfortable with the idea of traveling, even with enhanced security.

CAVUTO: Now, are they demanding cut-rate ticket fares as a result? In other words, I don't want to put up with this nonsense, at least make sure the ticket is not expensive?

JONES: Well, I don't know if they're demanding them, but they sure are available. Fares are the lowest I've seen in 30 years in this business, and they're even on sale now. You can buy special Thanksgiving fares through tomorrow. I saw a ticket earlier today, a $600 ticket to Hawaii from Dallas, cut to $270. So, some great bargains out there, which is encouraging people to fly.

CAVUTO: The people who are flying and opting to go ahead and, for the first time in many cases since of September 11th, what are they asking for, when they're booking these flights? Are some of them even picking out the type of planes they want to be on, or are they being that picky?

JONES: Well, the on-line company, it's a little difficult to know, because we don't talk to them. We can watch their behavior. But I think it's broad-based. People are selecting all kinds of airlines, not just brand-named airlines, but smaller airlines. We're even selling a lot of tickets where you don't know the name of the airline in advance. Those are flying off the shelves because they're so expensive.

So I think people are looking for bargains, because they are concerned about the economy, in addition to security.

CAVUTO: Terrell Jones, it was a pleasure. Thank you, sir. The CEO of Travelocity.com.

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