News to Know

Airfares Rise as Jet Fuel Spikes Force Carriers into Aggressive Restructuring
SOURCE: TRAVEL DAILY MEDIA, 7/27

In the face of an ongoing global fuel crisis, the international travel sector is executing a permanent albeit expensive structural redesign to absorb the reality of volatile energy markets.

Following a dramatic 12 percent jump in jet fuel averages earlier this year, the market experienced another sharp nine percent spike over the past week. 

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GBTA Convention 2026
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Every sponsorship at GBTA Convention is designed to help your organization connect with the people who matter most. From high-energy networking events and attendee experiences to premium branding and thought leadership opportunities, your brand will be positioned where business travel professionals come to learn, connect, and discover new solutions.

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GBTA Acceleration Challenge
Sustainable Procurement Is Becoming Business as Usual

Sustainability is no longer sitting on the sidelines of business travel procurement. It is moving into the core of supplier conversations, RFPs, and decision-making.   

In 2025, 61% of companies included sustainability questions in procurement processes – an 8-point increase from 2024.   

And the shift is happening across programs of all sizes: 

• 93% of large travel programs factor sustainability into procurement decisions 
• Smaller programs are gaining ground, with participation rising from 46% to 50% 
• 100% of BTN100 travel programs who joined the GBTA Acceleration Challenge, report incorporating sustainability into procurement   

The message is clear: sustainable procurement is becoming standard practice – and a key lever for creating long-term value.   

• Access the latest sustainable procurement resources: Insights Report, Playbook, and Standards
• Join the GBTA Acceleration Challenge to benchmark your business travel program sustainability across four different areas including the supplier engagement