In total, the U.S. federal government is the largest buyer of travel in the world. And so, when a portion of the government goes unfunded and hundreds of thousands of civilian employees are furloughed or working without pay, a negative impact on suppliers and intermediaries that serve federal travel programs is expected.
Each new year brings a new outlook, and by measures both anecdotal and numerical, corporate travel demand is off to a strong start in 2019. This is on top of what has proven to be a healthy 2018 for corporate travel demand.
Sabre expects its $360 million acquisition of Farelogix to close in the "mid part of the year," later than expected, as the U.S. Department of Justice takes a deeper look at the proposed transaction, Sabre president and CEO Sean Menke said Tuesday during the company's fourth-quarter financial results call.
Global distribution system segments processed by Travelport—including air, hotel, car and rail—fell 4 percent year over year during the third quarter amid "customer headwinds," the company reported Thursday.
The U.S. Department of Transportation's potentially disruptive proposed air travel distribution rulemaking remains under review at the Office of Management and Budget, according to a DOT spokesman.
Delta Air Lines for the three months ending Sept. 30 reported yet another year-over-year double-digit percentage increase in corporate travel revenue.
As the Transportation Security Administration readies new airport standards for its nascent Registered Traveler program, critics are still speaking out against it. Among them is iJet Intelligent Risk Systems CEO Bruce McIndoe, whose guest column follows.