American: Q3 Revenue Flat as 'Modern' Bookings Near 80 Percent; U.S. State Dept. Issues 'Worldwide Caution'

 

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October 20, 2023 American: Q3 Revenue Flat as 'Modern' Bookings Near 80% By Donna M. Airoldi It's no secret that American Airlines has pushed hard this year to increase bookings through direct or NDC -enabled channels. Its efforts seem to be paying off. During the third quarter, 78 percent of the carrier's bookings came through "modern distribution technology." Keep Reading U.S. State Dept. Issues 'Worldwide Caution' The U.S. State Department on Thursday issued a global advisory for all international travel for U.S. citizens, encouraging them to take "caution." Keep Reading Alaska: 'No Upside Benefit' from Q3 Corp. Travel Corporate travel's lagging recovery has negatively affected shoulder seasons for Alaska Airlines, executives said on a Thursday earnings call. Keep Reading Amtrak to Reduce Fare Categories Amtrak later this fall will introduce a "simplified fare structure" that will reduce the fare types to two categories from three, the rail provider announced Wednesday. Keep Reading One Global Taps Above & Beyond for Hotel Programs Travel management joint venture One Global has named hotel distribution provider Above & Beyond as its "exclusive hotel program provider." Keep Reading ARC: September Air Sales Show Seasonal Declines Total September 2023 air ticket sales declined 6 percent from August 2023 to $7.6 billion as the peak summer travel season wound down, according to ARC. Keep Reading AA Says Agency Bookings Ineligible For New Business Program, Posts GDS Booking Guide Subscribe to the Beat $90 Per-share price in cash and stock publicly offered by Choice Hotels International in a $7.8 billion bid to acquire Wyndham Hotels & Resorts, which Wyndham's board rejected. Check It Out German T&E Platform Lanes & Planes Draws $35M in Funding Munich-based corporate travel and expense platform Lanes & Planes announced $35 million in a recent funding round, which it will use for growth and expansion. Keep Reading 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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