News to Know

Black Friday Impact:
Navigating Travel Trends
(SOURCE: PHOCUSWIRE)

Black Friday has become a global shopping extravaganza, with Cyber Monday extending the shopping fest into the online realm. These shopping fests have transcended beyond conventional sectors like electronics and fashion to carve a niche within the travel industry as well.

Airlines, hotel chains and theme parks have embraced these sales opportunities, unveiling substantial discounts to bump up bookings. This period has become a golden opportunity to ride the online shopping wave, catalyzing a surge in bookings and sales.

Industry Spotlight

GBTA Europe
Sustainable Aviation Fuels a Welcome Edition to the Net Zero Industry Act in the EU

GBTA welcomes the European Parliament’s inclusion of Sustainable Aviation Fuels (SAF) as a priority technology in the Net Zero Industry Act (NZIA). The NZIA is a pivotal piece of legislation that will support the deployment of manufacturing technologies necessary for decarbonisation in the EU and help achieve its ambitious 2030 and 2050 climate targets.

As a major user of air transport, the business travel community is actively supporting the shift towards cleaner aviation throughout the EU, by stimulating market demand for SAF. In a recent report released by the GBTA Foundation on Managing Emissions from  Business Travel Programs, SAF is highlighted as the most immediate opportunity to decarbonise air travel by delivering a net reduction in carbon emissions compared to fossil-based jet fuel.  Scaling and deploying SAF at the speed needed to meet 2030 and 2050 climate goals must be matched with significant investments in SAF production. Read more here.

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Crisis24 Intelligence Brief

Canada and United States - Pro-Palestinian and pro-Israeli activists to rally in several cities across US and Canada through late November. Disruptions likely.

Czech Republic - Unionized workers plan multi-sector strike across Czech Republic Nov. 27. Transport disruptions planned; heightened security likely.

New Zealand - Lingering flight disruptions ongoing at Wellington International Airport, New Zealand, Nov. 22 due to fog. Reconfirm flight status.

South Korea - Unionized metro workers suspend strike campaign in Seoul, South Korea, late Nov. 21.

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