News to Know

Airlines at ‘Tipping Point’ as Prolonged Surge in Fuel Costs Threatens to Ground Planes
SOURCE: THE EDGE MALAYSIA, 5/6

Airlines are approaching a critical tipping point as the war in the Middle East drags on with no clear end in sight, threatening deeper cuts to flight operations and the grounding of aircraft, aviation experts warn.

Jet fuel prices, which had hovered between US$85 and US$90 a barrel before the outbreak of the Iran war on Feb 28, have surged to more than US$200. This spike is squeezing the already thin margins of global carriers, undermining profitability even as travel demand remains relatively resilient.

Industry Spotlight

GBTA APAC Conference 2026
GBTA APAC Conference 2026 Is Next Week

Join the Business Travel Community in Singapore, May 12-13

GBTA APAC Conference 2026 brings the region's travel buyers, suppliers, and program leaders to Marina Bay Sands on 12–13 May, co-located with WERC APAC 26. Two days of education, networking, and insight covering the trends shaping travel across the Asia Pacific: AI and technology, sustainability, traveler wellbeing, and the evolving role of the corporate travel program. Connect with peers from across the region and leave with practical takeaways to apply to your organization.

GBTA Foundation
GBTA Sustainability Acceleration Challenge 2026 Is Here! 

🏁  🌿 The GBTA Sustainability Acceleration Challenge is designed to equip corporate travel managers and sustainability leaders with the data they need to make informed decisions, enhance sustainable business practices, and demonstrate their company’s commitment to address climate change. 

We invite companies of all sizes, in all geographies, to join us in taking meaningful steps toward improving the sustainability of their business travel program.  

What to expect?

1. Take stock: Take the annual free Maturity Assessment (Your information, survey responses, and company report will be kept CONFIDENTIAL) 
2. Get Your Score: Benchmark your company against competitors and partners 
3. Move the Needle: Leverage the toolbox + explore the State of the Industry
4. Inspire others: Publicly pledge, submit a case study, and get considered for awards