Less than one month into 2017, and we’re already hearing of mergers and acquisitions left and right. This week alone, Hyatt announced plans to acquire Miraval Group in a $215 million deal and iCARS and Limos.com finalized their merger. In the same vein, Retuers reports Delta will complete its acquisition of a 49 percent stake…
According to The Atlanta Journal-Constitution, the Department of Transportation (DOT) issued a new proposed rule that would require airlines to disclose baggage fees alongside fares in an effort to provide travelers with more transparency. The DOT is currently seeking comment on whether other ancillary fees should also be disclosed with airfare information. LCT Magazine reports chauffeured…
A couple of days ago, Forbes contributor Grant Martin revealed the best airlines for business travelers by reviewing the various business class amenities offered by United, Delta and Jet Blue. Since we aren’t partial to one airline in particular and we don’t want to spoil the surprise, you can check out the article here. In addition…
Picture this: you hop off the plane after an exhausting flight and slowly head to the airport parking lot, only to realize that you have absolutely no clue where you last left your car. According to Time, author Shea Serrano recently experienced this situation and was graciously helped by a parking assistant who drove him around for…
A shooter has wounded and killed multiple people after opening fire at Fort Lauderdale-Hollywood International Airport in Florida on Friday afternoon, reports Bloomberg. According to TravelPulse, American Airlines has experienced its third fume incident in the past six weeks. In the most recent incident, seven flight attendants were hospitalized as a result of a cabin…
With the holidays just around the corner, Business Traveller reports on aviation strikes that may affect you. According to Buying Business Travel, risk management company iJet International acquired UK crisis management company Red24. Reuters reports American Airlines won $15 million in an antitrust case against Sabre. The jury awarded the airline $5.1 million, which will…
According to Reuters, Qatar Airways has completed its 10 percent stake purchase of LATAM Airlines in a transaction worth $608.4 million USD. Buying Business Travel shares Etihad Airways has agreed to new codeshare deals with Montenegro Airlines and Tanzania’s Precision Air. According to USA TODAY, Delta has reached an agreement with Boeing to cancel an order…
Hotel companies like Marriott International and InterContinental Hotels Group (IHG) are increasingly shifting their focus to Chinese travelers due to a surge in China’s travel market, according to a recent article by Business Vancouver. This shift in focus has resulted in major expansions in China, with some international hotel chains even launching brands tailored to…
Mergers and acquisitions are all the rage this week! Reuters reports Alaska Air completed its acquisition of Virgin America in a $2.6 billion deal. According to Buying Business Travel, Lufthansa Group completed its acquisition of Brussels Airlines, purchasing the remaining 55 percent of shares for €2.6 million. Financial Times reports car rental company Europcar announced plans to acquire…
At GBTA’s annual Convention this July, the Aviation Committee unveiled a new Airline Request for Proposal (RFP). GBTA is excited to announce that it is making this new RFP toolkit available free of charge to all in the industry. This new Airline RFP is a complete revamp of an eight-year-old document and will ease the…
According to the Chicago Tribune, a new study suggests the TSA would save $34 million a year by making PreCheck free for frequent fliers. In addition to saving millions, the agency could create shorter lines and enhance security at many of the nation’s airports. Earlier this year, the GBTA Aviation Committee unveiled a new, revamped…
Late last week, Brazil’s competition regulator Cade approved Qatar Airways’ stake purchase in Latam Airlines. Earlier this year in July, Qatar Airways agreed to acquire up to 10 percent of Latam’s shares, granted they moved forward with a $613 million capital increase. Around the same time, GBTA’s Nancy Tudorache had an opportunity to chat with…
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