New York, NY -- (ReleaseWire) -- 03/18/2013 --Travelport and American Airlines subsidiary of AMR Corporation (OTCQB: AAMRQ) announced a new long-term, global distribution agreement.
Travelport and American plan to use their industry-leading technology, including both Travelport's Universal API technology and American's XML-based direct connect interface, to deliver additional capabilities to all Travelport subscribers, including the ability to sell American's newly introduced Main Cabin Extra seating product.
Main Cabin Extra makes travel more comfortable by providing four to six inches of additional legroom and Group 1 boarding. And since Main Cabin Extra seating is close to the front of the plane, customers can get on and off the plane much faster.
Travelport is a leading provider of critical transaction processing solutions.
A
MR Corporation operates in the airline industry.
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Federal National Mortgage Association (OTC:FNMA) priced its third Multifamily DUS® REMIC in 2013 totaling $904.3 million under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on March 13, 2013.
"FNA 2013-M4 is our first GeMS deal to include 10-year DUS pools with 7-years of yield maintenance, and we saw strong investor demand for these classes due to the yield pick up they offer," said Kimberly Johnson, Fannie Mae Senior Vice President of Multifamily Capital Markets.
Federal National Mortgage Association (Fannie Mae) provides liquidity and stability support in the secondary mortgage market in the United States.
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Penny Stocks Watch-List: (OTC:AAMRQ), (OTC:FNMA)