How do companies report on business travel emissions? The question has new relevance with the state of California poised to enact legislation governing greenhouse gas reporting, including for so-called Scope 3 carbon dioxide emissions. It’s expected to require more than 5,300 firms beginning in 2026 to count Scope 3 and disclose it annually from 2027….
United Airlines last month informed travel management companies of significant cutbacks in certain commission programs, according to several industry sources. A press official with the airline declined to comment. The impact varied across several travel distributors reached by The Company Dime. One TMC source said they had not heard about United’s changes; another said negotiations…
Interviewing American Express Global Business Travel CEO Paul Abbott during a Sept. 7 investor meeting, Citi equities analyst Pete Christiansen referenced a “really good” financial services company that GBT had recently won. Turns out, it’s Citi. Implementation in multiple countries is due by year-end, sources said. CWT, which declined to comment, has been Citibank’s primary…
Travel Leaders Corporate confirmed that as of Sept. 5, it opened to clients New Distribution Capability-based bookings on participating airlines, through enabled agent and self-booking channels, for no additional cost. During a Tuesday interview, Travel Leaders Corporate president Michael Boult acknowledged concerns and criticisms of NDC but said that doing what’s best for the client…
Arguably the first quarter since before the pandemic in which year-over-year comparisons are instructive, the three-month period ending in June produced financial results for the big three U.S. airlines that attested to trends in distribution. Overall, the airlines paid out more than $1.6 billion in an expense category comprised predominantly of travel agency, global distribution…
Consultant Tony O’Connor updates his thinking on industry associations with a new twist as he perceives a great realignment in buyer-supplier dynamics. Travel buyer associations are an important part of the business travel landscape. They are the vehicle that can enable disparate buyers to join forces and have a say in the issues and changes…
The Company Dime‘s Jay Campbell on June 28 interviewed Flight Centre Travel Group’s president of the Americas, Charlene Leiss, on a live show via LinkedIn Audio. They surfaced some potential conventional wisdom about a variety of topics. An edited transcript follows. So, Charlene, there’s a lot going on in the industry, but as often happens,…
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