Billionaire Bill Ackman’s Pershing Square Capital Management, known for being an activist investor, has purchased more than 12.7 million shares […]
Hertz Stock Soars on Pershing Investment
Posts archive for 2025
Southwest Begins ‘Extra Legroom’ Retrofit Process
Southwest Airlines on April 30 will begin the retrofitting process to create its new extra-legroom seats, beginning with Boeing 737-800 […]
ARC: March U.S. Corp. Trips Drop for Third Straight Month
The number of March trips sold by U.S. corporate agencies, those with at least 70 percent self-reported corporate and government […]
World Travel Promotes King to President
World Travel’s Matt King (left) and Alex Eaton Oklahoma-based World Travel has promoted EVP Matt King to president of the […]
Traxo, Traverse Team Up to Enhance Direct Booking Mgmt.
Corporate data capture technology provider Traxo and direct travel booking technology provider Traverse have formed a strategic partnership that includes […]
GBTA Poll: Corp. Travel Industry Confidence Plummets in ’25
Business travel industry optimism has taken a hit in the wake of recent U.S. government actions concerning the economy and […]
Singapore to Invest $34M in Changi Airport Lounges
Singapore Airlines is investing S$45 million (US$34.1 million) to revamp its first- and business-class SilverKris lounges and its KrisFlyer Gold […]
Brazil-Based T&E Platform Onfly Secures $40M Investment
Brazil-based travel and expense platform Onfly has raised $40 million in its latest funding round, which the company plans to […]
Hertz: Vendor Breach Exposes Customer Data
Hertz Corp., parent of the Hertz, Dollar and Thrifty car-rental brands, on April 2 completed the analysis of a data […]
Sonder Raises $18M, Sets Marriott Integration
Apartment-style accommodations provider Sonder Holdings’ full inventory will be available to book through Marriott International’s distribution channels by the end […]
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