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Airline joint venture contracts take off
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New White Paper: Mobile Payment – How It Will Transform Corporate Travel and Expense Management
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2012-04-05 Blog
Millennial Business Travelers
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28 SEP 2010 |
The Facts on Foreign Transaction Fees
Posted in Blog, The Wire by AirPlus US Team
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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27 AUG 2010 |
On the Up and Up
Posted in Blog, The Wire by AirPlus US Team
Business travel buyers and suppliers project rising travel volumes and identify new pressures from upper management for the second half of 2010. Airlines, hotels and car rental companies in the United States reported good to excellent recovery patterns as business travel hit an acceptable stride in the second quarter of 2010. These earnings numbers are supported by worldwide travel agency sales data from Airlines Reporting Corporation, which has shown an average increase of 21.7 percent over the first half of 2010 based on 7.5 percent higher domestic transactions and 11 percent more international transactions when compared to the same period last year. In an online survey of 80 travel buyers and suppliers conducted in late July and early August by AirPlus International, rates of optimism surrounding travel volume increases for the second half of 2010 showed some marked differences for buyers versus suppliers. The majority of both groups projected business travel volume increases overall, and a larger percentage of buyers than suppliers actually expect to see increases in their company‘s business travel volume in the latter half of 2010 when compared to the same period last year. Suppliers, however, showed somewhat more optimism than buyers when asked about the specific rate of that increase.
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28 JUL 2010 |
After the Ash
Posted in Blog, The Wire by AirPlus US Team
Travel management improvements emerge from the ash of Iceland’s Eyjafjallajokull volcano. When the eruption of Iceland’s Eyjafjallajokull volcano shut down European air space this past April, it stranded more than 10 million travelers across the globe. As travel management professionals know all too well, it was their company’s responsibility to provide reasonable accommodations during the crises for their business travelers, as well as a safe return home. While most companies worked hard to live up to this responsibility, doing so came at a cost, according to a recent online poll of travel buyers and suppliers conducted by AirPlus International.
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