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NewsLog

February 22, 2012 - 12:05 PM ET

Carlson Wagonlit Travel appointed Françoise Grumberg to lead its corporate social responsibility initiatives, the travel management company announced. Grumberg previously served for eight years as Alcatel-Lucent Group's corporate social responsibility director. 

February 21, 2012 - 03:10 PM ET

Mega corporate travel agency air transactions processed through ARC in January increased by about 1.2 percent year over year, the highest such rate of growth since September 2011. Including American Express, BCD Travel, Carlson Wagonlit Travel, HRG and Omega World Travel, the mega agency category in January was outperformed by both the "online" category, for which transactions increased nearly 4.2 percent year over year, and the "other" category, for which ARC recorded nearly 3.4 percent growth.

February 21, 2012 - 01:35 PM ET

FCm Travel Solutions parent Flight Centre reported 18 percent growth in half-year profits before taxes of A$119.7 million (US$121.8 million) for the period ending Dec. 31, 2011. Australian travel conglomerate Flight Centre reported "strongest growth from Australia, the United Kingdom and Dubai, plus the Canada and U.S. corporate travel businesses," according to managing director Graham Turner. Total transaction value of travel sales across the company's global portfolio increased 9 percent to A$6.2 billion (US$6.3 billion) as the company reported a 4 percent increase in revenues on those sales to A$954.1 million (US$971 million), also compared to the year-ago period. While the company said its U.S. operations generated a A$4 million (US$4.1 million) loss, officials noted that it marked a "52 percent reduction in overall U.S. losses" as compared to a year ago. 

February 16, 2012 - 03:15 PM ET

Former Rearden Commerce head of senior vice president of travel services Tony D'Astolfo joined GroundLink as chief sales officer. GroundLink's goal is "to completely revamp the ground transportation industry" through the "ability to book a car in every city in the U.S. and 5,000 cities across the globe, on-demand ordering of cars [and] prices that are only marginally more expensive than a cab." The company is based in New York.

February 16, 2012 - 09:20 AM ET

United-Continental and US Airways matched and expanded a $5 one-way price hike initiated by Southwest Airlines in domestic medium- and long-haul markets, according to J.P. Morgan analyst Jamie Baker. "Given Southwest's blessing, a broad, successful industry fare increase appears likely," Baker wrote in a research note, adding that he expected American Airlines and Delta Air Lines to match today and suggesting that short-haul markets also may experience fare increases. According to FareCompare CEO Rick Seaney, the price hike "is the third domestic fare increase attempt of 2012—and the first since mid-January." He added that "in over six years, there has never been a Southwest-initiated hike that was not widely matched."

February 15, 2012 - 09:05 AM ET

Hogg Robinson Group recorded "essentially the same" client spending as the prior year in the October-January period, according to an interim financial statement. HRG noted continued high interest among customers in improved compliance and security monitoring and the growing appeal of end-to-end solutions, meeting and conference management and consolidated service centers. Publicly traded on the London Stock Exchange, the travel management company said it would meet previously disclosed profit expectations. "Client tenders are continuing at a high level and our new business pipeline remains strong," HRG said.

February 14, 2012 - 03:15 PM ET

Orbitz on Tuesday announced a "multi-year agreement" with United Continental Holdings for continued access to "all" of the company's fares, schedules and inventory in its channels, including Orbitz for Business. "The companies will also work together on innovative merchandising and promotional programs designed to maximize exposure for products, services and revenue sources," according to an Orbitz statement.

February 14, 2012 - 09:15 AM ET

Egencia and Southwest Airlines signed an agreement to enable mutual clients by mid-year to book and manage the carrier's content. The companies today announced the deal, the terms of which were not disclosed, which includes direct access to fares and inventory, booking and ticketing that supports Southwest's loyalty program and functions including cancellations and exchanges. Southwest's distribution among third parties serving travel management companies is severely limited compared with other carriers of its size.

February 13, 2012 - 01:45 PM ET

Concur in Japan launched the Concur Expense spend management system. The Japanese version, which according to Concur was "developed specifically to meet the demands of the increasing number of corporations in Japan that are turning to cloud computing and mobile solutions to help them control expenses," abides by "all Japanese regulations and taxation practices" and includes local consultation and operational support. Its "unique" features include integration with "FeliCa-compatible commercial IC card readers," enabling automatic uploads into expense reports of transportation data (schedules, stations and fare information) from such Japanese contactless smart cards as Suica, PASMO and ICOCA. The company last year established Concur Japan as a joint venture with venture capital firm SunBridge Corp. and minority investor Marc Benioff, chairman of Salesforce.com.

February 13, 2012 - 10:00 AM ET

U.S. travel agency air transactions processed through ARC in January 2012 increased 3.2 percent year over year, the first month of rising volume since January 2011. Total sales jumped 10.7 percent to just under $7.3 billion, the largest increase in any month since February 2011. Domestic sales rose 10.9 percent year over year to more than $3.1 billion, outpacing the 3.6 percent increase in international sales. International transaction volume (up 5 percent), however, grew more quickly than domestic volume (up 2.5 percent).