March 2013 News Archive

Welsh government buys Cardiff Airport for £52m

The Welsh government has bought Cardiff Airport for £52 million
Thursday 28th March 2013

The Welsh government has bought Cardiff Airport for £52 million from previous owner TBI.

It follows an agreement to buy the airport reached in December, a deal now completed following “a period of due diligence and negotiation with TBI”.

Carwyn Jones, the first minister, said the airport would not be operated by the government and would be managed "at...

Hundreds attend GBTA conference

Business travel
Thursday 28th March 2013

Hundreds of corporate travel professionals pitched up at the ninth annual Global Business Travel Association (GBTA) conference in Canada this week.

Held at the Metro Toronto Convention Centre in Toronto, travel buyers and road warriors rubbed shoulders with 55 exhibitors to discuss industry trends, network and check out new products, with online booking systems and secure payment services...

Travel suppliers urged to collaborate

Travel suppliers urged to collaborate
Wednesday 27th March 2013

UK travel suppliers could do more to collaborate with each other, new research suggests.

A study by AirPlus found UK-based travel suppliers are less co-operative with each other than their peers in Europe.

Just over a quarter (26 per cent) of UK travel managers thought their suppliers collaborate professionally, for example, to share data, a figure compared to 69 per cent in...

Business travel 'critical' to company growth

Travel
Tuesday 26th March 2013

Senior UK executives view corporate travel as a crucial way to boost growth, win new customers and tap into emerging markets, new research shows.

A study by the Economist Intelligence Unit found senior managers believe investing in business travel will help them "stay on top", with close to half – 48 per cent – of firms increasing their corporate...

UK business travel 'set to boom' in 2013

Travel market
Monday 25th March 2013

Business travel is set to boom in Europe in 2013 as corporate travels look to maximise business opportunities in emerging markets

New research by Avis Rent a Car shows UK corporate travel is to rise 27 per cent this year, up from 20 per cent growth between 2011-12, as optimism returns to the travel sector.

The poll of 2,500 business travellers across Europe reveals just how...

Travel industry slams APD rise

The rise in APD has been criticised by the travel industry
Friday 22nd March 2013

The travel industry has hit out against another rise of Air Passenger Duty (APD) outlined in the 2013 Budget.

APD is to be further increased from April 2014, on top of next month’s scheduled 2.5 per cent rise in the aviation tax.

However, the chiefs of IAG (the owner of British Airways), Virgin Atlantic, Easyjet and Ryanair have slammed the move - saying it could harm...

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