Today GBTA joined several traveler groups in support of Airlines for America’s (A4A) opposition to the proposed near doubling of the Passenger Facility Charge (PFC) – or Airport Tax. GBTA is proud to support StopAirTaxNow.com where you can learn more about the PFC and see why A4A says airports have plenty and passengers have had…
Much of the week was dominated by the sad news of the Germanwings plane crash in the Alps killing 150 people. It soon came out that the fatal descent the flight took was deliberate and that according to CNN, the co-pilot was hiding an illness from his employers and had been declared “unfit to work”…
GBTA released its latest quarterly forecast for U.S. business travel this week and business travel volume is on the rise. Charisse Jones of USA Today reported on the study saying an additional 2 million business trips are expected to take place this year over last and cites GBTA’s Joe Bates explanation that the cost of taking a…
The GBTA Foundation released its latest quarterly U.S. business travel forecast today and trip volume is on the rise. While we lowered our forecast for business travel spending from last quarter because the costs of travel are falling and are now expecting 3.1 percent spending growth to $295.7 billion, we increased the forecast for person-trip volume…
Business travel is back, but the perks are not according to a USA Today article. GBTA’s Mike McCormick was interviewed for the article saying the growth in business travel comes back to that overall feeling of corporate confidence and seeing a return from putting business travelers on the road. He added that travelers are packing…
It’s no secret that the U.S. dollar is strong right now and USA Today reports this is helping spur overseas business travel. GBTA’s Joe Bates told reporter Nancy Trejos that we’re definitely seeing the impact of a stronger dollar as well as lower commodity prices, especially the lower cost of jet fuel and other goods…
GBTA released its latest business travel forecast for China today as part of a semi-annual series. Sponsored by Visa Inc., the report relates unfolding economic events at home and abroad to their resulting impacts on China’s business travel market. Here are the top five takeaways: China continued its so-called “soft landing” during the second half…
GBTA began this week just as last week ended – advocating for Congress to pass a bill fully funding the Department of Homeland Security (DHS). GBTA’s Mike McCormick spoke with Joe Sharkey of The New York Times about how the funding standoff creates uncertainty for the business travel industry, which directly impacts the economy. USA…
*This post originally appeared as a ‘letter from Mike’ in Global Business Travel magazine volume three, issue one.* Not too long ago, business travel was largely limited to certain parts of the world. Now, business travelers regularly venture to dozens of countries on six different continents. The past 15 years alone have seen explosive growth…
This afternoon the House passed a bill to fully fund the Department of Homeland Security (DHS) for the rest of the fiscal year. This comes after Congress could not come to an agreement last week instead passing a one-week extension to keep DHS funded just hours before the deadline where funding would expires. The hotly…
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