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Zuji.com delays launch

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Asian travel portal Zuji.com is delaying its launch until the middle of next year, citing the economic slump and declining numbers of travellers.

The company had targeted a preview launch in the fourth quarter of this year to selected registered members of its site.

Pascal Bordat, chief executive of the Singapore-based portal, said the events of September 11 had led to a decline in air travel. He rejected suggestions that the company was stalling for time because its Web product and services were still not ready.

'The market conditions at the moment are not right. However, our partner airlines expect air travel to bounce back in the third quarter of next year,' he said.

'Of course, the more time we have, the more time we'll have in improving the product.'

Zuji.com is a joint venture between several airlines and Travelocity.com, a United States-based travel Web site.
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