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Monday, March 25, 2024

Amex GBT Agrees to Acquire CWT



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March 25, 2024
Amex GBT Agrees to Acquire CWT
By Chris Davis
In what would be one of the largest mergers of travel management companies in recent history. American Express Global Business Travel on Monday morning announced it had agreed to acquire rival CWT for $570 million in cash and stock. Keep Reading
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Qantas Adds Agency Portal as NDC Content Access Option
Qantas has launched an agency portal to simplify access to its New Distribution Content platform, providing some shopping functionality for the carrier that is no longer available through traditional EDIFACT channels. Keep Reading
SAS to Hike EDIFACT Surcharges, Pull Low Fares
SAS Scandinavian Airlines is pushing ahead with its New Distribution Capability strategy, with plans to increase current EDIFACT surcharges and remove its cheapest fare option from traditional channels next month. Read More at BTN Europe
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Passenger Count Up but Deutsche Bahn Posts Loss
German rail operator Deutsche Bahn's passenger numbers increased by 5.8 percent year over year to 1.8 billion, but revenue of €45.2 billion was down 13 percent compared with 2022. Read More at BTN Europe
 
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