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May 7, 2026

News to Know


Oil Crisis: How Travel Managers Can Tackle Soaring Ticket Prices and Compromised Air Agreements
SOURCE: BTN EUROPE, 5/6

When the USA and Israel attacked Iran on 28 February, travel managers’ immediate priority was to repatriate stranded and endangered travellers in the Middle East. Now the focus is firmly on economics. With Iran blockaded and – despite recent signals of possible resolution – the strait of Hormuz closed, one-fifth of the world’s oil shipments are frozen. Longer term, production facilities on both sides of the Gulf are damaged. 

 
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AVIATION

People Urged Not to Cancel Flights Over Fuel Shortage Fears (YAHOO! TRAVEL, 5/7)

France Preps Aid for Airlines Hit by Jet Fuel Price Hikes (REUTERS, 5/7)

Delta Says Pilot Scheduling Is Leading to Flight Cancellations (USA TODAY, 5/6)

Lufthansa Says ‘Robust’ Demand Will Offset €1.7 Billion Fuel Bill Rise (BTN EUROPE, 5/6)

Airlines Still Have to Pay Compensation If Flights Cancelled Due to Fuel Crisis, EU Says (THE GUARDIAN, 5/7)

SUSTAINABILITY

Radisson Opens Its First Net Zero Hotels in Manchester and Oslo (FTN NEWS, 5/7)

OTHER SECTORS

New Accor, Uber Partnership Connects Hospitality, Mobility (ZAWYA, 5/7)

Trivago Files Antitrust Suit Against Google (PHOCUSWIRE, 5/6)

The Third Life of Lola, and What Booking Holdings Just Admitted (HOSPITALITY TODAY, 5/7)

Industry Spotlight


 

Save on GBTA + VDR + ABTA Conference 2026

Early Bird Registration Open Through 3 June

Registration is open for the GBTA + VDR Europe Conference 2026 in Partnership with ABTA, taking place at the Austria Center Vienna. Securing your place before 3 June locks in the early bird rate plus full access to the most important annual gathering for business travel professionals in Europe. Expect industry-defining education, peer connections from across the region, and a first-time host city ready to deliver an inspiring experience.

Register at the Early Bird Rate

 

New Episode: The Business of Travel
Jet Fuel Pricing and Supply Risk  

     

As the situation continues to evolve, what do disruptions in the Middle East mean for global business travel? In this episode of GBTA’s The Business of Travel, regional experts explore how shifting dynamics are impacting aviation, fuel availability, and airline operations—offering clarity and context for travel buyers navigating uncertainty.  

What you’ll hear  

  • How geopolitical disruptions are influencing jet fuel pricing and supply  
  • The ripple effects on airline operations and global travel programmes  
  • Scenario-based insights to support informed decision-making  
  • Practical strategies for cost management, supplier strategy, and programme resilience  

Moderator: Calum Hawley, Chair of GBTA Transportation Committee and Managing Director, BTC Global.  

Ben Park – Direct Seat, Regional Europe, GBTA and Executive Director Travel & Sustainability, Parexel  

Peter Harbison, Chairman of Greener Airlines and co-founder of FACTS         

Upcoming Events

GBTA APAC Conference 2026 | Singapore
May 12 - 13

GBTA Italia Roadshow | Roma
May 21

GBTA Convention 2026
August 3 - 5

GBTA + VDR Europe Conference 2026 in Partnership with ABTA
November 2-4

View More Events

Not all impact rises to this level.

As the GBTA Foundation Annual Impact Awards move through shortlisting, a clearer picture is emerging — meaningful, measurable progress stands apart...

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