travel

Airline Execs Strike Cautious Tone For Business Travel Rebound

Airline Execs Strike Cautious Tone For Business Travel Rebound
Airline Execs Strike Cautious Tone For Business Travel Rebound
October 22, 2020  |  Travel Payments

In an industry that has arguably been battered worse than any other as a result of the global pandemic, the inclination of airline executives to...

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American Airlines Moves To Reduce Cash Burn, Increase Efficiency Amid Pandemic
American Airlines Moves To Reduce Cash Burn, Increase Efficiency Amid Pandemic
October 22, 2020  |  Earnings

American Airlines reported on Thursday (Oct. 22) that it had decreased its cash burn rate to roughly $44 million daily in Q3 from roughly $58...

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Rep. Patrick McHenry: SMBs Need More PPP Stimulus; Big Tech Bashing ‘Irksome’
Rep. Patrick McHenry: SMBs Need More PPP Stimulus; Big Tech Bashing ‘Irksome’
October 21, 2020  |  B2B Payments

The pandemic’s economic impacts have taken a toll on all businesses but in many ways, small- to medium-sized businesses (SMBs) have faced more harm than...

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China’s Hotel Industry First To Show Growth Amid Pandemic
China’s Hotel Industry First To Show Growth Amid Pandemic
October 20, 2020  |  Economy

The hotel industry in China is back in business, experiencing year-over-year revenue growth despite the negative economic impact of the worldwide pandemic that locked down...

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Connected Devices, Instant Payments, Digital Shift Top This Week’s News
Connected Devices, Instant Payments, Digital Shift Top This Week’s News
October 16, 2020  |  The Weekender

It was a busy week for commerce and payments, as consumers are harnessing connected devices for digital-first shopping and firms are looking to harness tools...

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United Airlines Achieves $21M Target Average Daily Cash Burn Amid Pandemic
United Airlines Achieves $21M Target Average Daily Cash Burn Amid Pandemic
October 15, 2020  |  Earnings

United Airlines reported Thursday (Oct. 15) that it achieved a $21 million target average daily cash burn as well as $4 million of average debt...

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Travel Industry Sees Pent-up Demand Eclipsing Rising COVID Case Counts
Travel Industry Sees Pent-up Demand Eclipsing Rising COVID Case Counts
October 15, 2020  |  Travel Payments

Delta Air Lines and United Airlines both reported poor Q3 earnings this week, but they and many other travel companies think the worst of the...

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Turkish FinTech Payguru To Expand SMS Payments
Turkish FinTech Payguru To Expand SMS Payments
October 14, 2020  |  Mobile Payments

Payguru is a Turkish company currently working to give residents a way to pay for bus travel cards via text message, according to a report...

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