Amex GBT's Big CWT Deal; Concur's Next Steps; Industry M&A

Also, the FAA plans to 'increase oversight' over United 

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March 27, 2024 Amex GBT's Big CWT Deal Would Add Scale but Faces Scrutiny By Michael B. Baker American Express Global Business Travel's newly announced acquisition of rival CWT would be a merger of giants but might not face the regulatory scrutiny that has quashed recent major mergers in the travel industry. Keep Reading FAA 'Increasing Oversight' of United The U.S. FAA said it would increase oversight of United following recent safety-related incidents, a move the agency said could affect the airline's future projects. Keep Reading JetBlue to Eliminate Five Destinations, Reduce Other Service JetBlue is exiting five cities, ending some routes and making others seasonal, the carrier confirmed in an email to BTN. Keep Reading Concur Travel Continues 'Evolution' with Expanded Hotel Content SAP Concur has added several new features to the new booking experience in Concur Travel, including expanded hotel content and in-app emissions data. Keep Reading At Conference, U.S. Carriers Share Sunny Corp. Travel Outlook Several major North American airlines this month at the J.P. Morgan Industrials Conference offered assessments of the state of business travel. Keep Reading Lufthansa: 1M Passengers Have Chosen 'Green Fares' About a year after the Lufthansa Group launched its Green Fares option in Europe, more than 1 million passengers have chosen the product. Keep Reading Hilton to Acquire Graduate Hotels for $210M Hilton acquires Graduate hotel brand and sets eyes on an addressable market it estimates at 400 to 500 properties globally. Keep Reading Choice Abandons Quest for Wyndham Choice Hotels International has given up its hostile $7 billion bid to acquire Wyndham Hotels & Resorts, the company announced. Keep Reading Implicit in this assumption is that nearly all CWT clients will be happy to remain with GBT through a potentially messy transition, notwithstanding the possibility that at least some of them chose CWT precisely to avoid GBT." - Garner's Cory Garner Read More American to Allow Wi-Fi Purchase with Miles Members of American Airlines' AAdvantage loyalty program "soon" will be able to use their miles to pay for Wi-Fi on board aircraft, the carrier announced. Keep Reading Delta Last of Big Three U.S. Carriers to Raise Checked-Bag Fees Delta Air Lines has  joined United and American in increasing fees for first- and second -hecked bags. Select status tiers are still exempt. Keep Reading Conferma: Corp. Travel Still a 'Key Pillar' Amid Rebranding Q&A with Conferma's Jason Lalor Conferma in February dropped the "Pay" from its name as part of a rebranding initiative. CEO Jason Lalor spoke recently with BTN's Michael B. Baker about what that will mean for the company's corporate travel work. Keep Reading GBTA Launches Sustainable Procurement Standards The GBTA Foundation has developed a set of standardized questions and considerations for buyers to assess aviation suppliers, with other categories under development. Keep Reading TAG to Acquire Travel Stars Nashville-based travel and event management company The Appointment Group has agreed to acquire entertainment and luxury travel specialist Travel Stars. Keep Reading Dutch Court Rules KLM Misled Customers in Greenwashing Case The ruling calls out the use of carbon offsets as an ineffective emissions mitigation tactic and also impugns term "sustainable" aviation fuel as vague and misleading. Keep Reading Hertz CEO Scherr to Step Down, West to Assume Role Hertz's Stephen Scherr will step down from his CEO role and member of the company's board of directors on March 31, the company announced. Keep Reading ARC Launches NDC Advancement Working Group ARC has created a working group centered around advancing NDC, with the goal of establishing NDC best practices, ARC told BTN. ARC's new hire Hansini Sharma will be part of that process. Keep Reading Corp. Travel Vets Launch Results Plus Consultancy Visa International global travel manager joins with a BCD Travel and Areka Consulting alum to form a new corporate travel strategy consulting firm. Keep Reading Amadeus Survey: Suppliers, Buyers Plan Tech Investment About two-thirds of travel companies surveyed by Amadeus indicated that they plan to increase in 2024 their investment in travel-related technology from 2023 levels. Keep Reading Amadeus Adds Invoice Automation with Voxel Acquisition Amadeus has acquired electronic invoice and payment solution provider Voxel, which it said will help it further end-to-end automation of the business travel experience. Keep Reading Boeing CEO Calhoun to Step Down at Year-End  Read More Sonder Q4 Revenue Up Amid Accounting Issues  Read More AHLA CEO Chip Rogers Resigns  Read More STR: February U.S. Hotel Rates Climb, Occupancy Down  Read More CTM Europe, Asia CEO Steps Down  Read More ARC: February U.S. Air Sales Near Record  Read More FCM Names Hegley Leader for Europe  Read More IATA: January Global Air Demand at 2019 Levels  Read More Festive Road Co-Founders to Diverge  Read More Cirium: February Air On-Time Performance Improves  Read More Omni Hotels Names Trip Riggs CFO  Read More Japan Airlines to Purchase 42 Aircraft  Read More WestJet's Pen Adds President to Title  Read More Korean Air to Purchase 33 Airbus Aircraft  Read More 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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