Southwest Acquires Sustainable Fuel Co.; Cirium: Airfare Increases Trail U.S. Inflation Rate

Also, Hilton and American Express unveil a 'refreshed' card 

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March 29, 2024 Southwest Acquires Sustainable Fuel Co. By Chris Davis Southwest Airlines has acquired SAFFire Renewables, a company formed as part of a U.S. Department of Energy-backed project to develop and produce scalable sustainable aviation fuel, the carrier announced Thursday. Southwest will fold SAFFire into Southwest Airlines Renewable Ventures. Keep Reading Are Meetings in Your Remit? It only takes 10 minutes to give yourviews. BTN is taking a deep dive into how meetings and travel management can realize more synergies as hybrid and remote work models converge with new meetings technologies. Take the Survey! Cirium: Airfare Increases Trail U.S. Inflation Rate While economy airfares in North America and Europe for the most part have risen over the past few years, the rate of increase has been below that in other products and services, according to data published by Cirium this week. Keep Reading Hilton Amex Business Card Ups Fee, Hikes Accrual Rate Hilton and American Express are introducing a "newly refreshed" Hilton Honors American Express Business Card with a higher annual fee than its current card but accelerated points-earning capabilities. Keep Reading Executive Travel to Add NDC Price Guarantee Service Executive Travel is adding a fare assurance service to ensure clients are not missing out on lower-priced NDC fares when booking air travel. Keep Reading Blueground Raises $45M in Funding Round Furnished apartment rental provider Blueground has raised $45 million in Series D funding, with which it plans to "accelerate the development of Blueground's technology and new strategic initiatives." Keep Reading TSA Adds Eight Airlines to PreCheck TSA has added eight carriers to its PreCheck program, including Iberia and La Compagnie. Keep Reading Farrell Takes Global Commercial Lead at Deem Travel management company veteran takes global commercial lead role for Travelport's Deem. Keep Reading $573 Average February price of a U.S. domestic round-trip ticket, nearly even with the February 2023 average of $571, according to ARC. Check It Out [Amex GBT and CWT] are not the typical giants the antitrust authorities are after. The EU Commission probably has better things to do than try to regulate midsized transactions." - Cambon Partners'   Morgann Lesné Read More Starlux to Add Taipei-Seattle Service Taiwan-based carrier Starlux Airlines on Aug. 16 will launch nonstop service between Seattle and Taipei. Keep Reading Condor Inaugurates Miami Service German carrier Condor Airlines inaugurated direct service between Frankfurt and Miami, the carrier announced this week. Keep Reading Avianca to Add 10 U.S. Routes Colombia-based carrier Avianca this year will revive 10 seasonal direct routes between Latin America and the United States. Keep Reading Norse to Add Las Vegas-Gatwick Service Norway-based Norse Atlantic Airlines on Sept. 12 will launch direct service between Las Vegas and London. Keep Reading 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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