The Facts on Foreign Transaction Fees

Posted in Blog, The Wire by AirPlus US Team
Tags: foreign exchange fees, The Wire

As international business travel stages a recovery, travel managers should consider budgeting for foreign exchange fees.

According to data from Airlines Reporting Corporation, international travel has staged a significant recovery in the last eight months. International travel transactions made through U.S. travel agencies are up nearly 12 percent over the same period last year, and international fares are up more than 26 percent. As global business travelers get back on the road, few companies are tracking the impact on their budgets of foreign transaction fees incurred on their corporate cards.

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Interview: International Travel Management in South Africa

Posted in Blog by AirPlus Editor
Tags: AirPlus Global Reach Editorial Office, International Travel Management, South Africa

AirPlus Global Reach Editorial Office talks with Natasha Freeman – Sales Manager South Africa – about trends, opportunities, challenges and developments in the South African travel management market.

Natasha Freeman

AirPlus: What are the main trends and developments concerning Travel Management in South Africa?

NF: While inbound travel to Africa was affected by the financial crisis, it was a notable exception for South Africa. South Africans continued to travel, however for shorter periods, and in cheaper classes of travel. The number of travellers dropped only by approximately 15 %. Business travel budgets in South Africa have come under scrutiny, as a result of this crisis, and many companies are now looking for value driven low cost travel.

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