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March 2020 Business Travel News

By Travelink on March 19, 2020

A Note From Travelink, American Express Travel

In these uncertain times, our Travelink Global Business Travel (GBT) team will continue to support any traveler experiencing unforeseen disruption or itinerary changes due to the ever-changing impact of COVID-19. We want you to know that we have your back for whatever may come your way. We receive constant updates throughout the day from our suppliers to help ensure we're able to anticipate your needs and reach out with new information, as needed. As you can imagine, the unprecedented speed of this virus' impacts have created an increased demand to our Travelink team. We sincerely appreciate your patience and understanding as we navigate these unsteady waters for the next several weeks.
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February 2020 Business Travel News

By Travelink on February 12, 2020

Ride-Hailing Bumps Meals as Most-Expensed 2019 Spending Category, Says Certify

Ride-hailing services were the most-expensed business spending category in 2019, according to a new Certify report, the first time since 2015 that meals didn't top the list. 

Uber ranked as the overall most-expensed vendor, according to Certify's SpendSmart Year in Review Report, which was based on more than 50 million expense transactions totaling more than $5.1 billion in spending submitted by employees of Certify's client corporations during 2019.

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January 2020 Business Travel News

By Travelink on January 15, 2020

IRS Lowers 2020 Mileage Reimbursement Rate

The U.S. Internal Revenue Service for 2020 has lowered the rate used to calculate the deductible costs of operating an automobile for business purposes. The standard mileage rates for the use of a car, van, pickup or panel truck will be 57.5 cents per mile driven, half a cent lower than in 2019.

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December 2019 Business Travel News

By Travelink on December 16, 2019

IATA Cuts 2019 Airline Profit Forecasts but Sees Improvement in 2020

Airlines are marking their 10th consecutive year of profitability in 2019, though profits are down significantly from earlier forecasts due to stunted economic growth, according to a forecast from the International Air Transport Association.

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November 2019 Business Travel News

By Travelink on November 11, 2019

IATA: Global Air Demand Continues to Slip

Global air demand grew 3.8 percent year over year for September, according to the International Air Transport Association, outpacing global capacity, which rose 3.3 percent year over year. Load factor climbed 0.4 percentage point to 81.9 percent, which was a record for the month. Even so, IATA executives said September fell short of the industry's long-run average growth rate of 5.5 percent.

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Topics: News, Business Travel