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Airlines and Airports
Wheels Up | March 31, 2022
Wheels Up announced a new strategic partnership and a minority investment in Tropic Ocean Airways. Tropic Ocean Airways is the world's largest amphibious airline and leading provider of last-mile private charter and scheduled service in Florida, the North-eastern United States, the Bahamas, the Caribbean and beyond. Wheels Up's multiyear commercial arrangement is the next move in its attempts to grow the addressable market for its product offerings and provide a seamless f...
Industry Outlook
Holisto. | June 15, 2022
On June 13, Holisto Ltd, a leading technology-based online travel booking platform, and Moringa Acquisition Corp, a special purpose acquisition company, announced that they entered a business combination agreement that would get Holisto publicly listed on the Nasdaq. Holisto Ltd’s expected pro forma equity value will be approximately $405 million, thanks to this business combination. Moringa’s non-redeeming public shareholders can receive a pro-rata portion of a bonus ...
Travel Technology,Industry Outlook
Regions Bank | December 06, 2022
Regions Bank on Monday announced the launch of a virtual commercial card solution to facilitate quick, easy and on-the-go business travel payments for the bank’s Treasury Management clients.Visa Commercial Pay, offered in collaboration with Visa, the world’s leader in digital payments, and Regions Commercial Card Services, is the latest in a series of enhancements Regions offers its business clients to better manage cash flow and streamline operations. Specifically, this solution ena...
Travel Technology
businesswire | April 26, 2023
Everbridge, Inc. the global leader in critical event management (CEM) and national public warning software solutions, revealed findings today that only 24% of surveyed organizations have a strong Travel Risk Management (TRM) program in place as defined by TRM Standard ISO 31030. The results come from the company’s year-long study of more than 200 global C-suite executives. Additionally, only 21% of those surveyed feel that their organizations have adequate measures in place to meet t...
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