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30 July 2010 Egencia reported 33 percent higher revenue of $36 million in the June quarter on 48 percent higher gross bookings dollar volume of $489 million. Parent company Expedia Inc. grew its net earnings by 179 percent to $114 million. 30 July 2010 Virgin Atlantic claimed a 5 percent increase in "business class market share" during its March to May quarter as it flew 15 percent more "Upper Class" passengers than a year earlier. Quarterly revenue grew 10 percent year over year. 29 July 2010 Air, hotel and ground transactions processed by Carlson Wagonlit Travel's wholly owned operations and joint ventures this year through June rose 13.2 percent to 29.4 million. Sales volume totaled $12.3 billion, up 16.6 percent "at current exchange rates," the company announced. Sales volume in Latin America grew 48.1 percent, in Asia-Pacific 43.5 percent, in North America 18.2 percent and in Europe, Middle East and Africa 7.7 percent. CWT identified $781 million in new sales during the period, excluding renewals, but declined to disclose net new sales. Comparing the results to the same period in 2008, CWT president and chief executive officer Douglas Anderson stated, "Traffic has not yet returned to pre-recessionary levels." 27 July 2010 The European Commission concluded that the proposed Continental-United merger "would not significantly impede effective competition in the European Economic Area or any substantial part of it." In the United States, the Department of Justice continues to examine the proposed tie-up. 27 July 2010 Air Berlin agreed to join the oneworld alliance and establish codeshare and frequent flyer program deals with American Airlines and Finnair. Subject to government approvals and scheduled to take effect 1 November, the code shares would provide Air Berlin customers access to 15 AA destinations in the United States and several Finnair destinations throughout Europe and Asia. Air Berlin is Germany's second-largest carrier, with hubs in Berlin and Dusseldorf. 26 July 2010 Client travel spend increased 19 percent and client revenue rose 6 percent during the first three months of HRG's fiscal year, which ends on 31 March 2011. "Despite the limited visibility that is inherent for corporate travel management, at this early point in our financial year our confidence is increasing," HRG stated. "We expect travel activity amongst our existing clients to continue to increase in line with macroeconomic conditions." 23 July 2010 Eurostar posted first-half growth in total passengers (6 percent) and revenue (18 percent) versus 2009, partly due to "an uplift in the business market." The high-speed rail operator also cited the impact this spring of the volcanic ash that grounded European air travel. 23 July 2010 Amadeus announced an agreement with Premier Inn, a budget hotel chain in the U.K. and Ireland, for expanded distribution to such markets as France, Germany, Italy and Spain. To be implemented during the next month, the deal provides wider access through the Amadeus GDS to 580 Premier Inn locations in the United Kingdom and Ireland. 21 July 2010 The U.S. Department of Transportation made final its approval for antitrust immunity among oneworld partners. American Airlines, British Airways and Iberia now can implement a transatlantic joint venture and join oneworld members Finnair and Royal Jordanian in tighter alliance partnerships. Like the European Commission, DOT set conditions on approval, notably the transfer of slots at London Heathrow to competitors for new transatlantic services.
20 July 2010 United Airlines reported Atlantic and Pacific premium cabin booking growth of 38 percent and 46 percent, respectively, during the June quarter versus a year earlier. Overall unit revenue on Asian routes jumped 52 percent--including 64 percent in China and 46 percent in Japan--partly due to "improvements in yields and load factors in premium cabins," said president John Tague. 20 July 2010 FCm Travel Solutions partnened with Argentina's Biblos Travel. Biblos is headquartered in Buenos Aires and provides various corporate travel, expense management and meetings services. "There is room for growth in the corporate travel space across Latin America," according to FCm Latin America partner network manager Maren Hanschke.
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