JPMorgan Chase

Dispatch 5

[CORRECTION, Aug. 11: The last line of this Dispatch was updated to eliminate an inaccurate description. AmTrav’s findings are that American Airlines’ NDC fares beat the GDS fares “33 percent of the time for Main Cabin and 93 percent of the time for Main Cabin Flexible.”] Last month, United Airlines chief commercial officer Andrew Nocella…

As It Cashes In On Amex Deal, Delta’s Free Wi-Fi Expands Marketing Juggernaut

It’s nothing new for an airline to generate revenue from something other than ticket sales, but Delta Air Lines is taking this to new heights. The company expects sales of SkyMiles points to co-branded card partner American Express to top $7 billion next year. That would be about as much as American, Southwest and United…

Oracle, JPMorgan Chase Partner For Touchless Travel Expenses

As part of an effort to automate business-to-business transactions for 40,000 customers that use its enterprise resource planning software, Oracle Corp. on Wednesday announced corporate card integration with JPMorgan Chase. The travel card and expenses initiative would reduce the expense reimbursement cycle through a new touchless mobile experience.  “When a mutual customer’s linked JPMorgan corporate…

American Express Global Business Travel Nabs JPMorgan Chase, Boosts Revenue Expectation

American Express Global Business Travel raised expectations for full-year 2022 revenue thanks to strong business travel recovery during the quarter ending in June. For the balance of the year, though, the company anticipates “steady but modest” recovery due to potential economic headwinds and ongoing travel supply and servicing constraints. Reporting second-quarter earnings performance Thursday morning,…

Amex Versus Everybody

If you tuned in to an American Express Company investor call six years ago, you heard about a vintage brand dramatically cutting costs to help profits. Now, strong growth with younger generations and a significant lead over competitors in the small and medium-sized enterprise card market have Amex predicting double-digit revenue growth for the foreseeable…

JPMorgan Chase To Buy Frosch

JPMorgan Chase agreed to acquire Frosch, a large travel agency with a mix of corporate business, independent contractors and technology, according to a Wednesday report in The Beat.  Frosch officials declined to comment on the report, which cited an internal memo, but redirected an inquiry to a spokesperson for JPMorgan Chase. The official had not…

American Express Global Business Travel Staffs Up To Add Travel Agency Partners 

American Express Global Business Travel during the fourth quarter created a unit called Partner Solutions to bring its relationships with other travel agencies “under one banner.” It’s well known that to serve multinational accounts, GBT partners with agencies in countries where it does not own operations. The GBT Partner Solutions staff also is approaching regional…

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