American Express Global Business Travel (Amex GBT) today announced that it has entered into a definitive agreement to acquire CWT, a global provider of business travel and meetings solutions. The transaction values CWT at approximately $570 million (526 million euro), excluding debt, subject to conditions and adjustments to the purchase price. Paul Abbott, CEO of Amex GBT, … [Read more...] about Business travel giant Amex GBT acquires CWT
Beleaguered Boeing CEO Announces Resignation
President and CEO of Boeing Dave Calhoun today announced his decision to step down as CEO at the end of 2024. He will continue to lead Boeing throughout the year. He's not the only one leaving the much-criticized aircraft manufacturer. Chairman Larry Kelner will step down in May and will be replaced by Steve Mollenkopf. Stan Deal, president and CEO of Boeing Commercial … [Read more...] about Beleaguered Boeing CEO Announces Resignation
Unique Louisiana excites the Dutch
This week, the U.S. state of Louisiana presented its wide range of tourism to both the travel industry and Dutch consumers. A delegation from the southern state visited Amsterdam and treated visitors to Amsterdam Central Station to a musical welcome and a small bottle of Tabasco to warm them up to this state. The trade was also informed during a workshop. The state is … [Read more...] about Unique Louisiana excites the Dutch
Column: The attractive travel industry?
Is working in the travel industry attractive? I see initiatives to convey that message in an affirmative way. Logically, our sector also needs talented recruits. But that doesn't answer the question... Let's be very honest with each other here. First of all, it is of the utmost importance to marry under a prenuptial agreement. You know why. Unless the partner also works in the … [Read more...] about Column: The attractive travel industry?
Olympic France ready for another good year
France has presented itself to the Dutch travel industry today. Almost two dozen partners have come from the holiday country to present themselves at a workshop in Amsterdam. The year 2024 will be a special one for France with the hosting of the Olympic Games. The year 2023 was a bumper year, according to director Fabienne Javault of Atout France. 'Without further ado. Spending … [Read more...] about Olympic France ready for another good year