American Express Global Business Travel reported a net loss of $474 million for 2021, besting the $619 million loss reported for 2020, as transaction volume began to recover. Including full-year numbers for Egencia, which GBT acquired last year, the company's 2021 results beat its forecasts issued a few months ago in terms of adjusted earnings, total transaction value and revenue.

"Recent booking trends are gaining momentum, with transactions reaching 51 percent of 2019 levels in the last week in February," according to

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