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Friday, February 25, 2022

Flight Centre: New Corp. Business will Offset Lower Avg. Spending



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February 25, 2022
Flight Centre: New Corp. Business will Offset Lower Avg. Spending
By Michael B. Baker
Flight Centre Travel Group expects February will be its best month since the pandemic began, including corporate travel recovery, following a "short-term omicron downturn," the travel management company said in its earnings report for the first half of the 2022 fiscal year. Keep Reading
Industry Reacts to Russian
Invasion of Ukraine
Days after the United States and dozens of other countries counseled their citizens to leave Ukraine immediately, Russia early Thursday launched an invasion of the country. Keep Reading
Accor: 20 Percent Decline in Int'l Biz Travel "Could Probably Last Forever"
CEO Sebastien Bazin set sights on domestic business travel and meetings—as well as leisure—to fill the gap expected to be left by terminally reduced international business travel. The European hotel giant posted 85 million net profit for 2021. Keep Reading
Virgin Atlantic to Resume
Remaining U.S. Service
Virgin Atlantic in the first week of March will resume flights between London Heathrow and Seattle and Washington, D.C., completing its "full roster" of U.S. destinations, the carrier announced Thursday. In addition, the airline will increase frequency on some other U.S. routes. Keep Reading
New Travelport, Qatar Airways Deal to Include NDC
Global distribution system provider Travelport and Qatar Airways have signed a new long-term multi-year distribution agreement, the carriers announced Thursday. Keep Reading
SITA Names Longtime Exec
Lavorel CEO
Airline industry technology provider SITA has named David Lavorel as its new CEO. Keep Reading
 
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