One consequence of airlines externalizing the cost of distribution is that it’s pushed to corporate customers. American Express Global Business Travel as of Feb. 20 will invoice clients an extra 3 percent of the ticket price (excluding taxes and airport fees) on all bookings with Qantas purchased in Australia. According to a copy of a…
Despite strong underlying demand, slowly recovering business travel, constrained capacity and rising costs, business airfares slipped in 2022. There are indications that fare growth in 2023 will be modest, at least in North America. American Express Global Business Travel in December said it anticipated a roughly 3 percent increase for corporate airfares within the region…
The business travel recovery is slipping as the year winds down. After a flattening in the spring and a pop in early fall, industry data in recent weeks showed declining volumes relative to 2019’s baseline. The rapid rebound in early 2022 is a memory and corporate volumes remain well below the peak from three years…
American Airlines on Monday told travel agencies that more than 40 percent of its existing content, as well as newly developed offers, would be accessible only through “modern” channels come April. It’s another component of AA’s new overarching revenue strategy that revamps some corporate travel traditions. Some buyers praised AA for taking the leap. It…
American Express Global Business Travel in September added Evan Konwiser to its C-suite, responsible for strategy and marketing. Konwiser on Monday brought his thought-provoking self to The Company Dime’s new platform for audio events, LinkedIn, with commentary on a variety of topics. Some fresh food for thought came from audience members who asked about how…
BCD Travel launched a no-fee, easy onboarding business travel service in Germany and shared plans to expand it to additional markets next year. The company put one of its top executives, global CFO Cees Batenburg, in charge of the initiative as executive lead. The new service uses a brand from an indirectly related acquisition several…
Cross-border corporate trips made a big comeback this year. According to American Express Global Business Travel, international bookings during the three months ending in September reached 67 percent of their 2019 level — surpassing the domestic recovery. That occurred even with some key markets remaining closed. What about the long term? Rana Forhoohar, a columnist…
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