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Search results for “Amex”
Amex GBT losses underscore business travel’s incredibly sluggish recovery
03/08/2022
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12:41:27 PM
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Amex GBT posted sales of $34.1 billion in 2019, while for the 12 months ended Dec. 31 it notched up about a quarter of that figure.
Recovery + Recession = Rising Rates
12/20/2022
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10:13:23 AM
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Three-quarters of organizations indicating they do not expect to limit business travel because of economic concerns.
AmEx Global Business Travel to go public via $5.3 bln Apollo SPAC deal
12/04/2021
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11:22:28 AM
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The merger with Apollo Strategic Growth Capital will deliver gross proceeds of up to $1.2 billion.
Corporate travel rebound signals first signs of recovery in decimated sector
07/07/2021
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6:45:48 PM
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Marriott said U.S. corporate demand in May was 50 percent from 2019 levels.
Another big deal sunk by coronavirus: Amex GBT investment deal falls through
05/11/2020
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5:18:46 PM
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Carlyle and GIC are believed to argue that coronavirus and the collapse of business travel globally have materially altered the deal’s conditions, and thereby allow them to walk away.
Amex GBT releases Air Monitor 2020
12/25/2019
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6:24:37 PM
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Business-class fares from China to Asian destinations are predicted to rise by up to 1.3% in 2020.
Carlyle-led group acquires a stake in Amex GBT
12/18/2019
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11:44:06 AM
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The deal values GBT at $5 billion, including debt.
Amex GBT snaps up Middle East TMC
08/13/2019
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2:43:05 PM
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GBT CEO Doug Anderson said the company had a “very active [mergers and acquisitions] pipeline”, with 15 potential deals in the works.
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