What to Watch Friday Finale; Business Travel 'Momentum' Boosts Southwest's Q4

 

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January 28, 2022 Business Travel 'Momentum' Boosts Southwest's Q4 By Donna M. Airoldi Southwest Airlines turned a profit in the fourth quarter of 2021, its first since the start of the pandemic, driven by "strong leisure demand during the holidays, business travel momentum and incremental revenue from our new co-brand credit card agreement with Chase," said Southwest EVP and CFO Tammy Romo during the company's fourth-quarter earnings call Thursday. Keep Reading BTN's What to Watch 2022 It's "Finale Friday" for BTN's 2022 What to Watch opinion series. Sustainability, supply chain issues, cyber crime and DE&I are all on offer today. Here's the lineup: Corporate Demand Will Drive Suppliers' Diversity Recruitment, by Fidelity International's Carol Fergus Sustainable Travel Becomes a Mandate, by Spotnana's Johnny Thorsen Remote Work, Return to Travel Increase Cyber Attacks in 2022, by Global Guardian's Dale Buckner Where Have All the Fleet's Gone? by HQ's Dave Kilduff   Alaska Airlines Readies Full Capacity Return in Summer Expressing confidence that the effect of the omicron variant of Covid-19 will be limited to the first quarter of 2022, Alaska Airlines executives on Thursday said the carrier would match 2019 capacity levels by this summer and exceed them in the fall. Keep Reading Amadeus to Bypass Emirates GDS Fee, Access NDC Content Amadeus has reached a new distribution agreement with Emirates that enables it to bypass the carrier's global distribution system surcharge and integrate New Distribution Capability content into the Amadeus Travel Platform. Keep Reading Wheels Up Agrees to Acquire Air Partner for $107M Private aviation supplier Wheels Up has agreed to acquire U.K.-based Air Partner, which has operations in 18 locations across four continents, for $107 million, the companies announced Thursday. Keep Reading CWT Names Core Leadership for Customer Team CWT has appointed the core leadership for its global customer team, part of a structure announced last year that separates customer and travel experience. Keep Reading Overall travel demand strengthened in 2021. That trend continued into December despite travel restrictions in the face of omicron. That says a lot about the strength of passenger confidence and the desire to travel." - IATA's Willie Walsh Read More Christopherson, Fox World Travel Start Move To Travelport Plus 43.6% Projected share of 2022 U.S. lodging industry room revenue generated by business travel, down from 52.5 percent in 2019. Check It Out GBTA Creates Sustainability Executive Role The Global Business Travel Association has hired Delphine Millot as SVP of sustainability, a newly created role that will work with GBTA members and external stakeholders on improving sustainability in business travel. Keep Reading Coupa Pay Integrates AirPlus Virtual Card Product Business spend management platform Coupa has reached an agreement to add AirPlus virtual cards as a payment option within the Coupa Pay payments tool. Keep Reading 100 Lighting Way Secaucus, New Jersey, USA 07094

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