JPMorgan Chase to Acquire Frosch

 

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February 18, 2022 JPMorgan Chase to Acquire Frosch By Michael B. Baker JPMorgan Chase & Co. has reached an agreement to acquire travel management company Frosch, according to a report from BTN sister publication The Beat. The move marks the latest in several acquisitions of travel services companies by major financial institutions, which are working to expand their own offerings beyond traditional banking and payment services. Keep Reading Hyatt Reports Q4 and Full-Year Losses Amid Peer Gains Corporate travel in Q4 climbed to 44 percent of 2019 levels in the same period, marking sequential improvement over 38 percent in Q3. Keep Reading Air France-KLM: 'Steady Rebound' of Corp. Traffic Air France-KLM Group's corporate segment in December 2021 reached about half the volume of 2019, according to a presentation that accompanied the airline's fourth-quarter earnings call Thursday. Keep Reading BA Cites Return of Business Travel in Adding Newark Flight British Airways on June 6 will launch a new daily flight between Newark Liberty International Airport and London Heathrow "to support the return of business travel in 2022," the carrier announced Thursday. Keep Reading Singapore Airlines to Pilot Use of SAF Singapore Airlines has selected ExxonMobil for sustainable aviation fuel as part of a one-year pilot on the use of SAF in Singapore. Keep Reading I think there's a really good chance, on a run-rate basis, that we will end up back at or above where we were in 2019 before the year is out." - Hilton Worldwide's   Christopher Nassetta Read More Former Amadeus Exec to Lead Flight Centre Corp. Brands' Tech Flight Centre Travel Group has named former Amadeus executive Roy Goldschmitt as global chief technology officer for its corporate brands. Keep Reading 100 Lighting Way Secaucus, New Jersey, USA 07094

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