Lowestfare.com Stops Selling Air Fares

Travel seller Lowestfare.com has stopped selling airline tickets on its Internet site, www.lowestfare.com, and has shut down its Jetset Tours division, an international airline consolidator that sold to travel agents. Company officials said tickets sold before May 2 would be honored and that www.lowestfare.com would continue to sell cruises and vacation packages.

Gail Golden, vice chairman and CEO of Lowestfare.com, said the company lost its contract to sell TWA tickets at a discount when American Airlines acquired TWA last year, prompting it to end its sales of air fares. Lowestfare.com, controlled by financier Carl Icahn, also owns luxury tour operator Maupintour Inc. and Gutsy Women Travel.