Q4 Results: American, Southwest, JetBlue, Alaska Talk Corporate Demand

 

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January 27, 2023 Contracted Corp. Business Losing Prominence at American By Donna M. Airoldi American Airlines cited declining reliance on contracted corporate travel in its quarterly earnings call, and noted that the company doesn't necessarily expect that segment to recover past current demand levels. Keep Reading Southwest Posts Q4 Loss After December Disruptions Southwest Airlines executives gave a remorseful fourth-quarter earnings call Thursday, where they again apologized for last month's significant operational disruptions. Meanwhile, managed business revenue "continues to be strong." Keep Reading BTN's What to Watch 2023: Friday Bonanza Today's What to Watch opinion pieces are an eclectic mix of NDC, disruption management, news-driven takes on current events and a reverie on the challenge of information overload for travel programs (and managers) as particular challenge as business travel hits stride this year. Donna Airoldi, Business Travel News Tobias Ragge, HRS Steve Reynolds, Tripbam Steve Solomon, ARC Adam Kerr, Tripism  Read More ALIS Panel: Corp., Group Travel to Accelerate Despite Economic Fears Corporate travel and meetings are poised to be a standout in 2023 despite the potential for economic downturn, industry prognosticators and hotel industry executives this week said at the Americas Lodging and Investment Summit in Los Angeles. Keep Reading JetBlue: Northeast Alliance 'Margin Positive', Taking Share JetBlue's Northeast Alliance with American Airlines became profitable during the second half of 2022, head of revenue and planning Dave Clark said Thursday on a quarterly earnings call. Keep Reading Alaska: Tech Co. Layoffs Hurting Corp. Travel Demand A recent spate of layoffs by large U.S. technology companies based on the West Coast contributed to what Alaska Air Group executives on Thursday called a fourth-quarter "softening" of business travel demand from levels seen during the late summer. Keep Reading We expect lodging demand growth will slow but remain positive on a year-over-year basis as group events and international travelers return." - Tourism Economics'   Aran Ryan Read More AA: Business Plan Less Reliant On Contracted Corporate Travel, Direct Share Growing Subscribe to the Beat 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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