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Week in Review

It was a busy week for business travel news! On Monday, U.S. News & World Report wrote the U.S. Senate overwhelmingly confirmed Coast Guard Vice Adm. Peter Neffenger as the new leader for the Transportation Security Administration (TSA) by a vote of 81-1. GBTA urged the new TSA administrator to conduct a top-to-bottom independent review…

Single-Use Virtual Accounts Gaining Popularity  Among Business Travelers

Single-Use Virtual Accounts Gaining Popularity Among Business Travelers

Today, the GBTA Foundation released a new study on virtual payment solutions sponsored by U.S. Bank. The following press release went out announcing the new report: Majority of Suppliers Accepting Virtual Payments About 20 percent of American businesses today pay for travel using cardless single-use “virtual” accounts, up from 13 percent last year, according to a…

Reading the Travel Tea Leaves About Greece and Europe

Reading the Travel Tea Leaves About Greece and Europe

The eyes of the world are now on Greece, watching and waiting to see if it will accept the terms of a third bailout, and ultimately whether it will leave the Eurozone. The more fundamental question, however, is what impact the Greek crisis will have on the larger European Economy? One way to gain insight…

GBTA Urges Incoming TSA Administrator To Conduct Independent Top to Bottom Review

Last night, the U.S. Senate voted to confirm President Barack Obama’s choice of Peter Neffenger to be the next head of the Transportation Security Administration (TSA) by a vote of 81-1. GBTA issued the statement below calling for a top-to-bottom review of TSA. First Order of Business for New TSA: Right The Ship On Monday night,…

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Week in Review

The industry reacted swiftly and loudly this week after IATA introduced a proposal that standard carry-on baggage sizes be reduced to dimensions about 20 percent smaller than what most major airlines currently allow. IATA put the proposal on hold after much opposition including New York Senator Chuck Schumer who came out against the proposal saying…

GBTA Says Proposal to Slash Carry-on Baggage Size Must Be “Permanently Scrapped”
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GBTA Says Proposal to Slash Carry-on Baggage Size Must Be “Permanently Scrapped”

Yesterday, we announced that we were pleased IATA put on hold its proposal to reduce the size of carry-on baggage by 20 percent. After polling our Members we now believe the proposal should be entirely scrapped. We released the statement below this morning that includes our polling data along with a comment from Senator Chuck…

Italy: An Economic Struggle Hurts Business Travel

Poor economic prospects continue to take their toll on the Italian business travel market according to the recent GBTA Foundation Western Europe business travel forecast. Italy’s labour and markets continue to lack the structural and political reforms necessary for getting the economy back on its feet. Spending on business travel in Italy only grew 1.3…

Spain Surprises with Strong Business Travel Growth

The Spanish economy was one of the most challenged in Western Europe from 2011 through 2013 as it battled high levels of public debt, soaring unemployment and stagnating economic growth. The latest GBTA business travel forecast for Western Europe shows a surprising turnaround for the country however. Spain has exhibited a remarkable economic turnaround driven…