Global

Amex GBT to Buy Finnish TMC Partner from FinnairBy Jay Boehmer

American Express Global Business Travel agreed to acquire Finnish travel management company SMT from Finnair Group, the mega TMC announced. The... KEEP READING

Flexjet Will Expand from the U.S. to EuropeBy Michael B. Baker

U.S. private jet operator Flexjet plans to expand operations to Europe by the end of the year. Flexjet has signed a letter of intent to acquire a... KEEP READING

NetJets Will Supply Lufthansa Private Jet for Five More YearsBy Michael B. Baker

Lufthansa has extended its contract with NetJets to provide the aircraft for Lufthansa Private Jet for another five years. Lufthansa Private Jet,... KEEP READING

IJet Acquires WorldAwareBy JoAnn DeLuna

Travel risk management provider iJet acquired Chicago-headquartered competitor WorldAware on May 1. The deal allows iJet to expand its client base,... KEEP READING

Enterprise Will Expand into EcuadorBy Michael B. Baker

Enterprise Holdings will introduce its three brands into Ecuador in spring 2017, the car rental company announced. Enterprise Rent-A-Car, National Car... KEEP READING

Emirates' Revenue Dips on Currency Exchange IssuesBy Michael B. Baker

Emirates' revenue for the 2015-2016 fiscal year ending March 31 declined 3.3 percent year over year to 85 billion dirhams, or US$23.1 billion. Capacity... KEEP READING

Alaska & Japan Airlines Plan Codeshare AgreementBy Michael B. Baker

Alaska Airlines and Japan Airlines will begin a codeshare agreement and reciprocal frequent-flyer benefits on June 29, pending government approval.... KEEP READING

Global Air Travel Demand Growth Slowed in MarchBy Michael B. Baker

Global air travel demand rose 5.3 percent year over year in March, outpaced by a 5.9 percent increase in capacity, according to the International Air... KEEP READING

Air Canada Codeshares with Avianca BrasilBy Michael B. Baker

Air Canada will sell Avianca Brasil's domestic flights through its channels. Air Canada operates flights between Toronto and both São Paulo and Rio de... KEEP READING

China's HNA Tourism to Acquire Carlson HotelsBy Julie Sickel

Chinese company HNA Tourism Group will buy Carlson Hotels, the companies announced on Wednesday. The companies did not disclose the price of the sale.... KEEP READING

Etihad Reports Revenue & Profit Growth in 2015By Michael B. Baker

Etihad Airways in 2015 grew revenue 19.5 percent year over year to $9 billion, the carrier reported.... KEEP READING

China Has Become the Largest Business Travel MarketBy Amanda Metcalf

In 2015, business travelers spent $1 billion more in China, $291.2 billion, than in the United States, $290.2 billion, making China the biggest business... KEEP READING

Malaysia Airlines CEO Will ResignBy Michael B. Baker

Malaysia Airlines CEO and managing director Christoph Mueller will step down in September, according to the carrier's sole shareholder, Khazanah... KEEP READING

Business Travelers Trust Their Duty-of-Care Programs Less Than Managers DoBy Michael B. Baker

In light of recent terrorist attacks, business travelers are more skeptical than their travel managers about the efficiency of duty-of-care programs... KEEP READING

GBTA Launches in IndiaBy Amanda Metcalf

The Global Business Travel Association has launched in India. Already the 10th-largest business travel market in the world, India will become a top-five... KEEP READING

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