Demand recovered dramatically in the three months to June 30 and looks set to stay strong despite travel disruption and cancellations, Corporate Travel Management managing director Jamie Pherous told analysts during the travel management group's full-year earnings call on Wednesday.
American Express Global Business Travel on Thursday named JPMorgan Chase as a new client win. GBT CEO Paul Abbott during the company's first live earnings call as a publicly traded company said JPMorgan this quarter will go live as a client.
Please mark your calendar to join the most influential corporate travel executives at The Beat Live, as it returns to New York City on Dec. 7.
Finnair this summer hit a few year-one targets as it works to phase out all EDIFACT-based distribution by the end of 2025. They include last month's launch of a booking surcharge on the three major global distribution systems, the withdrawal of low-tier Light fares from such channels and the debut of an agent portal.
BCD Travel's recent appointment of David Mitchell as president of BCD Travel Midmarket in North America "further strengthens" the mega travel management company's midmarket presence, a segment for which it has "aggressive growth plans," according to the company.
As more than 11 years of litigation have demonstrated, the US Airways-Sabre federal antitrust dispute isn't over until it's over. But aside from haggling over court costs and attorneys' fees owed, the parties aren't plotting another chapter: Neither side has filed an appeal of the most recent verdict within the court's deadline.
As airline operational issues mounted, Sabre saw the rate of travel recovery "moderate" late in the second quarter and into July, CEO Sean Menke said Tuesday during the company's second-quarter financial results call. Still, Sabre’s current read on forward bookings suggests a resumption in travel's recovery in the coming months, he added.
Business travel nearly has recovered to pre-Covid levels, Amadeus CEO Luis Maroto said Friday on the travel tech company's second-quarter earnings call.