According to Reuters, Qatar Airways has completed its 10 percent stake purchase of LATAM Airlines in a transaction worth $608.4 million USD. Buying Business Travel shares Etihad Airways has agreed to new codeshare deals with Montenegro Airlines and Tanzania’s Precision Air. According to USA TODAY, Delta has reached an agreement with Boeing to cancel an order…
GBTA recently released a business travel outlook forecasting sluggish business travel growth due to U.S. election uncertainty. Although the election outcome is now certain, many believe the future of the travel industry remains unclear. With Donald Trump elected as the 45th president of the United States, industry insiders hope for policies encouraging the free flow…
A new report by the Centre for Economics and Business Research’s (Cebr) finds face-to-face meetings contribute £193 billion to the UK economy on an annual basis. According to Travel Daily News, Cebr suggests companies stand to gain an average of £147,200 per year when conducting face-to-face business. The Washington Post reports TripAdvisor has received a license to book…
Airlines aren’t the only ones facing complications recently, with HEI Hotels & Resorts announcing a malware attack lasting more than a year on 20 of its properties. According to Skift, customer payment card data from tens of thousands of transactions may have been exposed, though it is difficult to estimate the total number of customers…
The business travel industry is seeing the effects of Brexit, with hotel demand in the United Kingdom expected to soar and jump a whopping 30 percent in the second half of 2016, according to Buying Business Travel. International travelers look to this as an opportunity to visit pricier destinations at a more affordable rate, and…
The United States is getting ready for its long holiday weekend to celebrate its independence from British rule 240 years ago. The United Kingdom’s decision to declare its independence from the European Union last week is still rippling through the global economy generally and business travel specifically with The Telegraph reporting on the uncertainty Brexit…
Start your Monday off by catching up on last week’s business travel news. In a show of continuing evolution of the airline industry, American Airlines is modifying its AAdvantage program according to The Motley Fool. Joining rivals United Continental and Delta, American Airlines confirmed that it will move to a revenue-based earning system for its…
Tim Clark, president of Emirates Air, recently expressed concerns about the effects of Brexit on the EU economy, according to The National. Lufthansa’s CEO has also stated that he expects demand for air travel to fall if Britain leaves the bloc. GBTA’s recent Western Europe BTI found that while the ease of travel may be…
Kick off your Monday by catching up on last week’s top business travel news. Memorial Day kicked off the summer travel season, and despite long waits at airport security, the Wall Street Journal reports that due to a surge in screeners and a new command center, the TSA was able to cut wait times, though…
The long Memorial Day weekend is upon us indicating the unofficial start of summer. To shepherd in the busy travel season, The Economist reports on the perils of checking work emails while on vacation. U.S. airlines and airports are spending millions on added workers to curb long security lines, as the coming Memorial Day weekend…
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