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Monday, January 29, 2024

Amex Commercial Client Q4 T&E Spending Outpaces Overall Growth



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January 29, 2024
Amex Commercial Client Q4 T&E Spending Outpaces Overall Growth
By Michael B. Baker
Travel and entertainment spending by American Express' U.S. commercial customers increased 4 percent year over year to $26 billion in the fourth quarter even as overall spending for business customers had slower growth, the company reported Friday. Keep Reading
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JetBlue Might Terminate Spirit Merger Agreement
JetBlue on Thursday notified Spirit Airlines that it may terminate its merger agreement as early as Jan. 28, according to a Friday JetBlue filing with the U.S. Securities and Exchange Commission. Keep Reading
BTN's What to Watch: Day 6
BTN's annual presentation of opinions and projections about the year ahead continues. BTN Group's Chris Davis and SAP Concur's Charlie Sultan each offer their takes on mergers and acquisition activity in the coming year. Read More
Gol Files for Bankruptcy in U.S.
Brazilian airline Gol has filed for Chapter 11 bankruptcy protection in the U.S. The low-cost carrier filed for bankruptcy in New York on Thursday (after reporting some 20 billion reais (approximately $4 billion) in gross debt in the third quarter of 2023. Read More at BTN Europe
AirJapan Names Third Route Ahead of Launch
AirJapan, ANA's new medium-haul airline, will commence service from Tokyo Narita to Singapore from April 26. Read More at BTN Europe
 
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