March 28, 2024

News to Know

Airlines Face Challenges with Aircraft Orders and Demand for Sustainable Flights
(SOURCE: TTG ASIA)

Airline chiefs of legacy, low-cost carriers (LCC) and new full-service start-ups, who spoke at the recent Aviation Festival Asia in Singapore, have one thing in common – the need for additional aircraft to meet growing passenger demand and expansion of their domestic and international networks.

Air India, under new Tata Group management since 2022, has 506 orders, 36 on lease and is accepting one aircraft delivery every six days. Air India CEO and managing director Campbell Wilson is expecting “some delays” on its orders 18 months into its five-year transformation, noting the airline is “undersized in relation to the market”.

AVIATION

Austrian Airlines Cancels 400 Flights (TRAVEL AND TOUR WORLD)

Norse Atlantic to Introduce Gatwick-Las Vegas Flights (BTN EUROPE)

Asia-Pacific Airlines Nearing Full Recovery with 27 Million Pax in February (SIMPLE FLYING)

HOSPITALITY

IHG Accelerates Expansion in Greater China, Announces 24 New Hotel Projects (TRAVEL AND TOUR WORLD)

Looking to Cater to Region's Growing Business Travel, SREE Hotels Adds Research Triangle Park Hotel to Its Portfolio (COSTAR)

SUSTAINABILITY

Putting a Spotlight on Sustainability in the STR Space (PHOCUSWIRE)

OTHER SECTORS

The New Business Travel Mega Merger (SKIFT, MAY REQUIRE SUBSCRIPTION)

Biden Calls for Higher Taxes on Private Jets, But Business Travellers Say They Pay Their Share (CBC)

Industry Spotlight

GBTA Professional Development
Registration Is Now Open: The Fundamentals of Business Travel Management^™

Start date: April 16, 2024.

Looking to gain a deeper understanding of the foundational elements of business travel management and make yourself indispensable to the needs of your organization? GBTA’s Fundamentals of Business Travel Management course offers practical guidance to building a corporate travel policy, creating a service model, sourcing vendors, travel technology, and so much more! Grow your knowledge, build in-demand skills, save your seat today!

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GBTA Foundation
Unlock Responsible Travel Practices: Learn about GBTA's Sustainable Procurement Standards

Join our free webinar, April 3, 11:00 AM - 12:00 PM ET, for a deep dive into the GBTA Foundation’s Sustainable Procurement Standards, a valuable open-source tool for aligning sustainability attributes for procurement and supplier management in the business travel industry. Learn how to apply these standards to travel programs and why the shift to suppliers committed to sustainability is imperative. This live presentation is open to GBTA members and non-members.

Resources

Crisis24 Intelligence Brief

Argentina - Unionized pilots and other aviation sector workers cancel strike in Argentina originally planned March 28-29.

France - Unionized public transport workers plan to strike in Paris region, France, April 4. Rail, metro, tram, and bus disruptions likely.

Spain - Ground staff staging strikes impacting Spanish airports March 27-April 1. Service disruptions likely.

United Kingdom - Various rail operators in the UK to be affected by personnel walkouts on different days April 5-8. Rail service disruptions likely.

More Information

Upcoming Events

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April 3 - 4

Fundamentals of Business Travel Management
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GBTA Conference 2024 - Toronto
April 22 - 24

GBTA APAC Conference 2024 - Singapore
May 14 - 15

GBTA U.S. Legislative Summit 2024
June 10 - 12

GBTA Convention 2024
July 22 - 24

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Did you know?

According to the most recent GBTA Business Travel Industry Outlook poll, nearly three in five travel buyers (59%) expect their company will take more business trips this year than it did last year.

Check out more key highlights from our most recent poll

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