With American Airlines’ 2023 passenger revenues 8.8 percent higher and selling expenses 1 percent lower, executives said on Thursday that corporate buyers and travel management companies could expect more of the same: more incentives for business travelers to book directly, more focus on co-branded cards and loyalty, more degradation in support for predominant corporate travel channels. Customers want “the best…
BCD Travel is forecasting car rental market price increases of between 5 percent and 7 percent this year. According to travel buyers, joining a group purchasing organization is one effective way to mitigate rate hikes. GPOs leverage the combined spending of members to extract favorable pricing from vendors, ranging from office supplies and furniture providers to janitorial and professional services…
New analysis suggests companies can grow profitably even if business travel fails to reach half its pre-pandemic peak. At the same time, many of the most prominent corporate flyers are failing to set or meet travel emissions reduction goals. Aiming to hold these companies accountable, Transport & Environment tracks the environmental impact of their business travel and publishes rankings. An…
Thanks to apparently contradictory messaging from American Airlines, some travel managers said they were confused about how the line between airline small business programs and larger corporate discounts was blurring. Changes are underway at both American and United. AA stopped points accrual for the Business Extra program last month and encouraged enrollees to switch to…
Meta has some aggressive sustainability goals. Rather than treating travel as an area to cut in the name of emissions reduction, the company views it as a change agent. It’s part of a strategic approach in which business travel data is a critical financial input that can, along with employee engagement, help Meta reach its…
Former BCD Travel vice president of global sales Trudy Blough sued the company, alleging breach of contract and violations of the Civil Rights Act and Equal Pay Act. Currently a global sales director for American Express Global Business Travel, Blough worked at BCD Travel from 2012 and was promoted to VP in 2018. According to the suit filed in U.S….
American Airlines last month announced it became the first entity to purchase carbon removal credits from Graphyte, a startup that will dry, convert and bury biomass. According to Graphyte, the permanent removal and storage of CO2 as part of its “carbon casting” process uses less energy than other carbon capture technologies. It starts with biomass…
End of content
End of content
