JetBlue, Spirit Call Off Merger; LARC Lowers RevPAR Forecast But Sees 'Gradual' Corp. Travel Growth

Also, AmTrav Adds Controls for Travelers Beholden to GSA Per Diems 

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March 05, 2024 JetBlue, Spirit Call Off Merger By Donna M. Airoldi JetBlue and Spirit Airlines have agreed to terminate the $3.8 billion merger agreement they agreed to in July 2022, the carriers announced Monday, noting closing conditions unlikely to be met. In a statement, the carriers said they still believed in what they called the "procompetitive benefits" of the airline combination. Keep Reading AmTrav Adds Controls for Travelers Bound to GSA Per Diems AmTrav has added a policy option in which clients can set U.S. General Services Administration per diem rates as a maximum hotel rate for bookings. Keep Reading LARC Lowers RevPAR Forecast Lodging Analytics Research & Consulting lowered its projection for growth in U.S. hotels' 2024 revenue per available room but noted demand for corporate transient travel is increasing. Keep Reading Amex Cards Integrate into Amex GBT Neo1 Platform American Express has integrated into American Express Global Business Travel's SME-focused Neo1 platform to provide U.S. clients a new set of features including virtual card issuance. Keep Reading Delta to Expand Sync Seatback Screens Delta will expand the availability of its in-flight seatback information system, announced in January 2023 as part of the Delta Sync program, to three additional fleet types. Keep Reading Acquis' Sharma Joins ARC Former Acquis Consulting Group principal Hansini Sharma has joined Airlines Reporting Corp. as managing director of industry standards and best practices. Keep Reading It's coming back. … We are seeing encouraging momentum in corporate travel." - IAG's Luis Gallego Read More 37.7M Total aircraft movements worldwide in 2023, a 17 percent increase year over year, according to the International Air Transport Association. Check It Out FAA: Boeing Failed to Comply with QC Requirements After an audit, the FAA finds "multiple instances" where Boeing and Spirit AeroSystems "allegedly failed to comply with manufacturing quality-control requirements." Keep Reading SITA Invests in Identity Tech Provider Indicio Aviation tech specialist SITA is investing in decentralized identity technology provider Indicio, with an aim "to digitally transform identity checks and border control." Keep Reading American Orders 260 New Aircraft American Airlines has placed orders for 260 new aircraft, including 85 Airbus A321neo planes, 85 Boeing 737 Max 10s and 90 Embraer E175 aircraft. Keep Reading DOT: December Flight Cancellation Rate Inches Upward After a streak of declining monthly cancellation rates that began in August, the 10 largest U.S. carriers had a slight uptick in the rate in December. Keep Reading Florida's Brightline to Add Stuart Station Rail provider Brightline, which operates between Orlando and Miami, will add its next station in downtown Stuart, Fla. Keep Reading The Wait is Over for NDC in Corporate Travel Sponsored Content by Sabre When it comes to maximizing access to the best content for your business travel needs, Sabre is leading the charge. Read more 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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