July 8, 2024

News to Know

Can European Airline Consolidation Go Ahead (Like in the U.S.)?
(SOURCE: MENTOUR PILOT)

After 9/11, the airline industry in the United States underwent one of its greatest-ever crises. Cost-cutting was inevitable and included multiple airline mergers and acquisitions. Even before 2001, many believed there was a lot of fragmentation in the industry, making consolidation inevitable.

European airlines certainly felt the effects of 9/11, but not as strongly or for as long. Other events, like the rise of low-cost carriers, reshaped the industry in the ‘00s, driving the creation of a few powerful airline groups. However, the creation of these groups wasn’t as noticeable since the smaller airlines retained their names, post-acquisition.

AVIATION

Passenger Numbers for Korean Airlines Jump 29% to Record High in First Half (AJU PRESS)

Singapore Airlines and Garuda Indonesia Receive Green Light for Commercial Joint Venture (MARKETING INTERACTIVE)

Scandinavian Airlines (SAS) Joining SkyTeam on September 1 (BREAKING TRAVEL NEWS)

USDOT: Passenger Discrimination Complaints Rise 26% Year-On-Year (SIMPLE FLYING)

Delta Air Lines and Air Canada Flights in Texas Getting Cancelled Amidst New Hurricane Beryl’s Resurgence (TRAVEL AND TOUR WORLD)

SUSTAINABILITY

American Airlines Releases 2023 Sustainability Report (TRAVEL DAILY NEWS)

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Lufthansa Introduces Environmental Cost Surcharge (4HOTELIERS)

Industry Spotlight

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BCD survey: Travel buyers focused on safety and compliance, not payments, in 2024

Travel buyers aren’t as concerned with traveler satisfaction as they were in 2023. And, payment isn’t as important to buyers as it was in past years. A new BCD Travel study of 200+ travel buyers uncovered surprising shifts in priorities related to modern corporate travel policies. So, what do buyers care about? Their top three travel program priorities are: duty of care, policy compliance and cost control. Learn more about the policy changes and challenges shaping business travel today.

GBTA WINiT
Join GBTA WINiT 1:1 Mentoring as a Mentee

Application Deadline: July 9

Looking for ways to accelerate your personal and professional growth within global business travel? If you’re a GBTA member, make sure to apply to GBTA WINiT 1:1 Mentoring. This 6-month, virtual program connects mentees from around the world with seasoned industry leaders for goal-setting, skill development, and personalized feedback.

By joining as mentee, you can:

Increase your chance of promotion
Increase your job satisfaction
Learn from others’ experiences
Grow your personal network

Don’t miss this opportunity to meet a meaningful industry ally while investing in your career. Apply by July 9!

Become a Mentee

Interested in becoming a WINiT Mentor?

GBTA Convention 2024 Exhibitors

Exhibitors	Booth
Hilton	3816
HopSkip Inc.	4814
Hotel Barrière Fouquet's New York	4618
HQ	3913
HRS GmbH	2335
Hubli	1933
Hyatt Hotels Corporation	2537
IATA	4523
Iberia Airlines of Spain	4315m
IHCL	3546
IHG Hotels & Resorts	SP-3
International SOS	3707

See All GBTA Convention 2024 Exhibitors

Resources

Crisis24 Intelligence Brief

France - Unionized railway signal staff commence strike in Hauts-de-France region, France, July 8; rail transport disruptions reported.

North America - Tropical Storm Beryl tracking north-northwestward across the Gulf of Mexico as of late July 7. Landfall likely over Texas, US, early July 8.

United States - Disruptions, including road closures, planned in Washington, DC, US, July 8-12 due to the North Atlantic Treaty Organization's Summit.

Western, Central, and Southern Europe - High temperatures forecast to persist across much of southeastern Europe through at least July 12. Transport and power disruptions possible.

More Information

Upcoming Events

The Fundamentals of Strategic Meetings Management™
July 20 - 21

Advanced Principles of Business Travel Management™
July 20

Global Leadership Professional (GLP) Capstone Kickoff
July 20

Sustainable Travel Management
July 21

GBTA Convention 2024
July 22 - 24

GBTA +VDR Conference 2024 in Partnership with the Nordic Business Travel Associations | Copenhagen
November 4 - 6

View More Events

Globalization of any company takes more than expanding locations—that’s why it’s best to work with leading subject-matter-experts to maximize your success!

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