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January 8, 2024

News to Know

Will Air Fares Remain High in 2024? Here's What Experts Say

The airline industry's dramatic climb from the depths of the pandemic may be ending soon. A review of multiple reports shows stabilization across several key metrics, as rapid growth ends and a new era of normalcy begins.

"2024 is expected to mark the end of the dramatic year-on-year increases that have been characteristic of the recovery in 2021-2023," a December report by the International Air Transport Association said.

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EU Airlines Unaffected by Grounding of Some 737 Max Aircraft (BTN EUROPE)

Despite Supply Restraints, 2024 Will See Sustained Domestic Travel Demand (DECCAN HERALD)

United Airlines Cancels 270 Flights Due to Boeing 737 Max 9 Grounding (FLIGHT GLOBAL)

2024 Vision: Tech Trends That Will Revolutionize Travel and Hospitality (PHOCUSWIRE)

Alaska Airlines Plane Had Warnings Days Before Mid-Air Blowout (BBC)


Startup Stage: Eco.mio Helps Companies Guide Employees to Choose Greener Travel Options (PHOCUSWIRE, GBTA FEATURED)


Why ‘Bleisure’ Travel Gives Short-Term Rentals Like Airbnb a Boost Over Hotels (JAPAN TODAY)


Racial Profiling in the Travel Industry – Where We Are and How We Can Improve (TRAVEL PULSE)

How Global Consumer Trends Are Impacting Travel (PHOCUSWIRE)

Industry Spotlight

Why GBTA WINiT Mentoring is “Incredibly Rewarding?”

Application Deadline: January 12

Over the course of six months, GBTA WINiT 1:1 Mentoring connects a cohort of mentees from around the globe with accomplished business travel professionals for career guidance and support. Monzerrath Gonzalez, a former mentee, shared how the program helped her:

“Having [her WINiT Mentor] has been incredibly rewarding. I’ve been able to ask questions and have honest conversations about my career and personal goals with someone who has deep insight and knowledge of the industry. Her advice and guidance have been indispensable for me in the last few months and I am truly grateful for the opportunity.”

Interested in becoming a WINiT Mentor?


Crisis24 Intelligence Brief

Asia and South Pacific/Oceania - Pro-Palestinian rallies likely in parts of Asia-Pacific through at least mid-February. Tight security likely; clashes possible.

France - Unionized rail workers strike likely to disrupt public transport in the Landes Departement, France, Jan. 7-8

Indonesia - Volcanic activity continues at Mount Lewotobi Laki-laki in East Nusa Tenggara, Indonesia, as of Jan. 5. Evacuations ongoing; airport closed.

Japan - Disruptions ongoing across Chubu Region, Japan, through early January following magnitude-7.5 earthquake near Anamizu, Ishikawa Prefecture.

United Kingdom - Unionized Tube employees suspend strike in London, UK, late Jan. 7 Lingering disruptions possible.

United States - FAA grounds all 737 MAX 9 aircraft operated by US carriers pending safety inspections effective Jan. 6. Some flight disruptions likely.

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Upcoming Events

All About Networking | GBTA Silicon Valley Chapter
January 11

GBTA Conference 2024 - Mexico City
April 3 - 4

GBTA Conference 2024 - Toronto
April 22 - 24

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Registration is now open for #GBTAConvention24! Register today for the 55th annual GBTA Convention and join the many voices from around the world focused on shaping the future of business travel.

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