Premium Squeeze? Corp. Travelers Battle for High-End Air Seats; Q2 Results: JetBlue, Avis Budget, Uber

 

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August 03, 2022 Premium Squeeze? Corp. Travelers Battle for High-End Air Seats By Donna M. Airoldi Executives from the three largest U.S. air carriers in recent months have touted the high demand for premium seats by leisure travelers, a trend they expect to continue. But what does it mean for premium-class availability for the returning road warrior as business travel finally picks up steam? Keep Reading JetBlue Reports Record Q2 Revenue Less than a week after JetBlue successfully secured a $3.8 billion takeover agreement for Spirit Airways, the company reported its best second-quarter revenue in its history. Keep Reading ABG: Q2 Corp. Travel Share of Americas Business Up Corporate travel joined leisure travel as sectors of growing strength in the second quarter, Avis Budget Group reported Thursday. Keep Reading Corp. Travel Return Spurs Uber for Business Optimism Uber is "hugely optimistic" in Uber for Business and "has continued to invest" in its sales force, Uber CEO Dara Khosrowshahi said Tuesday during a second-quarter earnings call. Keep Reading Corporate Traveler Sweetens Melon with Hotel Booking Tool Travel management company Corporate Traveler has implemented a new hotel booking tool within its Melon travel booking and management platform in the U.S. and Canada, the company announced. Keep Reading Grasp Pilots Virtual Payment Integration with Marriott Grasp Technologies has worked with Marriott International to implement an automated workflow for virtual payments that it says could become an industry standard to ease virtual card use for hotel stays, according to Grasp. Keep Reading Based on what we are hearing from our accounts, we expect October to be one of the strongest business travel months of the year. A lot of meetings and events are coming back this fall." - Southwest's Dave Harvey Read More Sabre CEO: 'Recessionary Pressure Has Not Yet Impacted Future Travel' Subscribe to the Beat Citi, Dinova Partner for Dining Program Offering Citi has added a preferred dining program for corporate card clients via a partnership with corporate dining program provider Dinova, Citi announced. Keep Reading 100 Lighting Way Secaucus, New Jersey, USA 07094

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