June 12, 2023

News to Know

Low-Cost Carriers Now Make Up Almost a Third of Global Airline Capacity

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.

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Closure of Russian Airspace ‘Single Biggest Factor’ Stopping Foreign Airlines From Boosting Service to China, Global Body Says (THE STAR)

Lawmakers Propose to Weaken Obama Rule Requiring Airlines to Advertise Full Airfare Price (ABC NEWS)

WestJet Shutting Down Discount Airline Swoop (CBC)


US Hoteliers Decidedly Optimistic Heading in to Second Half of 2023 (COSTAR)

Will Apple’s New Vision Pro AR/VR Headset Have Impact on Hospitality? (4HOTELIERS)


Amadeus Takes Stake in SAF Innovator Caphenia (PHOCUSWIRE)


How AI And Machine Learning Are Changing Business Travel Expense Reporting (TYCOON STORY)


The Rise of Bleisure Travel: 9 Destinations Where You Can Combine Business and Leisure (MONEY CONTROL)

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.

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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!

View Education Sessions

GBTA Convention 2023 Exhibitors

Lyft Business
Booth 2108
Malaysia Airlines
Booth 815h
Mandarin Oriental
Hotel Group
Booth 1025
Resort Times Square
Booth 946
Booth 2730
Booth 3616

See All GBTA Convention 2023 Exhibitors


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

Upcoming Events

GBTA Sustainability Summit
Tomorrow, June 13

GBTA U.S. Legislative Summit
June 14 - 15

The Life and Times of a Travel Manager: Career Reflections and the Evolving Role
June 21
11:00 AM - 12:00 PM ET

GBTA Convention 2023
Aug 13 - 15

GBTA APAC Conference 2023 - Singapore
September 19 - 20

GBTA + VDR Europe Conference 2023 – Hamburg
November 14 - 16

View More Events

"Happy employees, happy company!" Placing employee well-being, DE&I and digitalization ‘front and centre’ is critical to spur employee engagement and appeal to job seekers.

Chad Lemon, former TV broadcaster and BCD moderator is joined by industry experts Angela Williams, VP- People & Culture BCD UK & Ireland and Lynne Griffiths, CEO, Sirus Talent Solutions to discuss the challenges facing the business travel industry around recruitment, retention and attracting new talent. Listen Now

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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.

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