American Express Global Business Travel

Patrick Diemer, BT4Europe

Op Ed: Patrick Diemer On Why Amex GBT Won’t Acquire CWT, And What It Means

With authorities on both sides of the Atlantic examining potential anticompetitive implications, and the seller possibly hurting from the uncertainty, consultant and BT4Europe chair Patrick Diemer examines the shaky ground that Amex GBT’s proposed acquisition of CWT appears to be on. In my opinion, the deal is falling apart.  It’s been more than 10 months…

Notebook: Corporate Travel Consultants Analyze GBT-CWT Review (w/Audio)
· ·

Notebook: Corporate Travel Consultants Analyze GBT-CWT Review (w/Audio)

Festive Road’s Caroline Strachan predicted she would often say “it depends” when unpacking the government reviews of Amex GBT’s planned acquisition of CWT. It turned out that she wasn’t the only one during a live online discussion on Wednesday. Do large customers and small customers need different services from travel management companies? It depends. Can…

GBT Met AA’s NDC Goal With ‘Owned Channels,’ Says It Won’t Force Them On CWT Clients
·

GBT Met AA’s NDC Goal With ‘Owned Channels,’ Says It Won’t Force Them On CWT Clients

Answering the U.S. Department of Justice’s Jan. 10 lawsuit, American Express Global Business Travel on Tuesday said that its “owned channels,” including proprietary booking interfaces Egencia and Neo, were processing nearly 50 percent of American Airlines transactions using the New Distribution Capability as of April 2024. At the time, AA’s target was 30 percent. “Amex…

GBT Cites Misconceptions By Government Officials, Hints At Politics In Antitrust Suit

GBT Cites Misconceptions By Government Officials, Hints At Politics In Antitrust Suit

American Express Global Business Travel suggested a political motivation for the timing of the U.S. Department of Justice’s effort to stop its acquisition of CWT through a lawsuit filed 10 days before Inauguration Day. “The complaint did not need to be filed at this time, as the parties informed the DOJ that it was intended…

Doha Mekki, U.S. Department of Justice Antitrust Division

DOJ Sues To Stop Amex GBT-CWT Deal

The U.S. Department of Justice filed an antitrust lawsuit in the U.S. District Court for the Southern District of New York on Friday, alleging that American Express Global Business Travel’s $570 million deal to acquire CWT would harm competition for travel management services to U.S. global and multinational firms. DOJ described GBT as the largest…

Mark Nasr, Air Canada

NDC Sputters, But It’s Still The Future

The consensus among execs at airlines, travel management companies, global distribution system firms and other tech intermediaries is that NDC should become mainstream this year (if it hasn’t already). Not all buyers are like-minded. Industry metrics reflect a stall in momentum. Many corporate customers remain unconvinced about growing NDC. Some program managers who had enabled…

End of content

End of content