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April 10, 2024

News to Know


Airlines Struggle with Lack of Planes as Summer Travel Set to Hit Record Levels
(SOURCE: REUTERS)

The global airline industry is facing a summer squeeze, with travel demand expected to surpass pre-pandemic levels while aircraft deliveries drop sharply due to production problems at Boeing and Airbus.

Air carriers are spending billions on repairs to keep flying older, less fuel-efficient jets, and paying a premium to secure aircraft from lessors. But some carriers are still being forced to trim their schedules to cope with the lack of available planes. At the same time, the number of travelers globally is set to hit historic levels, with 4.7 billion people expected to travel in 2024 compared with 4.5 billion in 2019.

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AVIATION

EasyJet’s New Base Revolutionizes UK Air Travel (TRAVEL AND TOUR WORLD)

Turkish Airlines Reveals Record Traffic Figures Driven by Capacity Expansion (AEROTIME)

Delta Reports Large Corporates Leading Business Travel Growth (TRAVEL WEEKLY)

Singapore Airlines Relaunches Brussels Flights After 20 Years (TRAVEL DAILY NEWS)

HOSPITALITY

IHG Builds a New Travel Planner Powered by Google Cloud AI (4HOTELIERS)

Sonder Launches Hotel Collection (HOSPITALITY TODAY)

OTHER SECTORS

Employee Wellness Is a Growing Priority in Business Travel (SKIFT, SUBSCRIPTION REQUIRED)

Mesh Adds Guest Travel Solution to T&E Management Platform (PYMNTS)

Aussie 'Bleisure' Boom: Domestic Business Travel Stays Almost Double Global Average (KARRYON, GBTA FEATURED)

Industry Spotlight


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GBTA U.S. Legislative Summit 2024
Join a Powerful Dialogue in Washington, D.C.: Define Business Travel to Policymakers

Business travel is not leisure travel - a straightforward fact, but one often overlooked by policymakers. Let's set the record straight at the GBTA U.S. Legislative Summit, June 10-12, Washington, D.C.! You’ll meet face-to-face with U.S. Senators and Representatives and advocate for legislation that supports the business travel industry. In addition, this event can help broaden your understanding of government actions and offers great networking with business travel leaders from around the country. Registration is open to members, non-members, and students – learn more and sign up here.

Resources


Crisis24 Intelligence Brief

India - Protests over Delhi chief minister's arrest likely to continue across India through at least end April.

Italy - Unionized automotive workers to stage protest march and strike in Turin, Italy, April 12; heightened security, transport disruptions likely.

Russia - Authorities restore railway traffic in Vyazma, Russia, April 10, following bridge collapse. Localized transport disruptions possible

United States - Severe weather forecast across parts of the South and Southeast, US, through April 12. Flooding and associated disruptions possible.

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Upcoming Events

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May 14 - 15

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New Episode of The Business of Travel is Live! 🎧🎤

Globally, business travel is moving into a new and next chapter. But how do global transformation and trends in how people are traveling for work now compare – or contrast – to the realities and experiences of key regions around the world...

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