April 3, 2024

News to Know

Economy Airline Tickets Are More Expensive, But Business Class Has Actually Gotten Cheaper
(SOURCE: USA TODAY)

It’s true – airfares are going up, but not as much as the price of other goods and services.

“While airfare has risen in nominal terms in (the) U.S. and Europe, consumers will appreciate that the increases are less than other consumables,” Jeremy Bowen, CEO of aviation analytics company Cirium, said in a statement. “Cirium’s data teams will continue to monitor the impact on fares of increased capacity in the market, despite challenges related to the availability of aircraft, be it due to groundings, engine issues, or supply chain constraints.”

AVIATION

China Airlines to Increase Cross-Border Flights (MANILA TIMES)

Virgin Atlantic Adds India Services in 'Key Strategic Expansion' (BTN EUROPE)

Analysis: 5 Industry Factors Affecting Airline Businesses Around the World (SIMPLE FLYING)

Philippine Airlines to Launch Manila-Seattle Boeing 777 Route (AVIATION WEEK)

HOSPITALITY

CWT Unveils Revolutionary Centralized Payment System for Hotel Bookings in China (TRAVEL AND TOUR WORLD)

OTHER SECTORS

Investor Group Led by Steve Singh Acquires Direct Travel (BTN)

Dubai Travel Startup Tumodo Sets Sights on $49bn Indian Business Travel Market (ARABIAN BUSINESS)

Trip.com Group and AirAsia to Collaborate Across Multiple Lines of Business (PHOCUSWIRE)

Industry Spotlight

GBTA WINiT
Join GBTA WINiT 1:1 Mentoring as a Mentee

Start date: April 16, 2024

Application Deadline: April 12

Are you ready to accelerate your personal and professional growth, expand your network, and gain valuable insights? Apply by April 12 for GBTA WINiT 1:1 Mentoring for the opportunity to connect with an accomplished business travel leader who will help you define realistic career goals and how to achieve them.

By joining as mentee, you can:

Increase your chance of promotion
Increase your job satisfaction
Learn from others’ experiences
Grow your personal network

We’re accepting applications through April 12, so apply today!

Become a Mentee

Interested in becoming a WINiT Mentor? Click here.

Resources

Crisis24 Intelligence Brief

Austria - Austrian Airlines cancels 92 flights planned for April 4. Knock-on flight disruptions likely.

Taiwan - Magnitude-7.4 earthquake strikes Hualien County, Taiwan, at 07:58 April 3. Fatalities reported.

United Kingdom - Unionized train drivers to strike across UK April 4-9. London Metro strike planned for April 8. Disruptions likely.

Western, Central, and Southern Europe - Rallies denouncing the Israel-Hamas conflict likely in urban centers across Europe through late April, as well as increased security alerts.

More Information

Upcoming Events

Fundamentals of Business Travel Management
Spring session: starts April 4

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

View More Events

Did you see this episode of The Business of Travel? 🎧🎤 In 2023, AI took a prominent role in the tech landscape. This shift had significant implications for companies using managed travel solutions. At the corporate level, AI influenced insights and policies, while travel managers and employees benefited from streamlined experiences...

View Post

GBTA Career Spotlight

Is Your Company Hiring?

Use the GBTA Career Center to post your business travel job openings and access thousands of qualified industry professionals looking to make their next career move.

Get Started

Was this email forwarded to you? Please sign up to receive GBTA emails.
Not a member? Join today.

Advertise | Post a Job. | How can GBTA help solve your industry challenges?