News to Know

Low-Cost Carriers Now Make Up Almost a Third of Global Airline Capacity
(SOURCE: BUSINESS TRAVELLER)

Global travel data provider OAG has published its latest analysis of the low-cost carrier market, with LCCs now making up almost a third of global airline capacity.

Budget airlines accounted for 32 per cent of all scheduled airline seats in March, up from 29 per cent in 2019 and 25 per cent in 2015.

OAG said that the LCC share of the market dropped in 2020 and 2021 during the Covid-19 pandemic, but began to rise again last year, sometimes exceeding one in three seats.

Industry Spotlight

GBTA Webinar
The Life and Times of a Travel Manager: Career Reflections and the Evolving Role

June 21 | 11:00 AM - 12:00 PM

The COVID-19 pandemic underscored the vital role of the corporate travel manager. While company leaders and stakeholders gained newfound appreciation for travel managers, there has been little examination or reflection about who travel managers are and how they themselves view their role. Based on GBTA-Cvent research conducted in North America and Europe, this webinar will examine how travel managers feel about their role.

Click here to learn more.

Made Possible by

GBTA Convention 2023
Expand Your Knowledge at
GBTA Convention 2023

Education Sessions Released!

GBTA Convention 2023 education sessions are now available. Our 90+ sessions were chosen during a highly selective review process during which GBTA received hundreds of submissions. This year’s tracks cover topics including: today’s travel risks, lodging & accommodations, meetings & events management, procurement, distribution, payment solutions, and more!

GBTA Convention 2023 Exhibitors

See All GBTA Convention 2023 Exhibitors

Resources

Crisis24 Intelligence Brief

Mexico - Activists to march in multiple locations throughout Mexico, June 17, in support of LGBTQ rights.

Thailand - Protests possible across Thailand through late June amid probe into prime minister front runner. Tight security likely during any rally.

United States - Severe weather forecast across parts of the eastern, southeastern, and southern US through early June 14. Tornadoes and flooding possible.

Western, Central, and Southern Europe - Severe weather forecast across parts of southeastern Europe through at least June 13. Possible transport, business, and utility disruptions.

More Information