Abhi14

Long Lake to acquire world’s largest corporate travel platform Amex GBT for $6.3 bn

Long Lake to acquire world’s largest corporate travel platform Amex GBT for .3 bn

American Express Global Business Travel (Amex GBT), operated by Global Business Travel Group, Inc., has entered into a definitive agreement to be acquired by Long Lake Management in an all-cash transaction valued at approximately USD 6.3 billion. The agreement marks a significant development in the corporate travel sector, combining technology-driven capabilities with large-scale travel services. … Read more

BCD Travel and Delta Air Lines forge multi-year strategic partnership to advance corporate travel

BCD Travel and Delta Air Lines forge multi-year strategic partnership to advance corporate travel

BCD Travel has announced a multi-year global agreement with Delta Air Lines, establishing a long-term strategic partnership to enhance the corporate travel ecosystem. The collaboration reinforces both companies’ shared commitment to delivering innovation, premium service, and technology-driven value for clients and travellers worldwide. Under the new agreement, BCD Travel and Delta Air Lines will deepen … Read more

FCM Travel: Redefining Corporate Travel with Agility, Innovation, and Excellence – ET TravelWorld

FCM Travel: Redefining Corporate Travel with Agility, Innovation, and Excellence – ET TravelWorld

Winning a prestigious accolade at the ET Travel & Tourism Awards 2024 is a significant milestone forFCM Travel. This recognition, deeply aligned with the company’s mission to simplify and enhance corporate travel through cutting-edge innovation and client-focused solutions, reflects the relentless efforts of the FCM team. The Centre of Excellencea hub for driving efficiency, innovation, … Read more

IndiGo’s business class launch draws insights on corporate travel dynamics – ET TravelWorld

IndiGo’s business class launch draws insights on corporate travel dynamics – ET TravelWorld

IndiGo’s recent announcement of launching business class and a loyalty program has sparked discussions on the evolving landscape of corporate travel in India. As the airline gears up to cater to premium travellers, key industry stakeholders, provided key insights into the significance of business travel in the country’s growing aviation sector. Aloke Bajpai, Chairman, Managing … Read more

Thomas Cook India added to the MSCI Domestic Small Cap Index – ET TravelWorld

Thomas Cook India added to the MSCI Domestic Small Cap Index – ET TravelWorld

Morgan Stanley Capital International has added Thomas Cook India Limited (TCIL) to the MSCI Domestic Small Cap Index, effective from November 30, 2023. TCIL is India’s leading Integrated Omnichannel travel services group. The Morgan Stanley Capital International Indices are recognised globally as benchmarks for global equity markets and investors. They offer investors a comprehensive overview … Read more