Mega corporate travel agency air transactions processed through ARC in March dropped by 5.8 percent year over year,

the largest such decline since October 2009, following gains in January and February 2012. Including American Express, BCD Travel, Carlson Wagonlit Travel, Expedia's Egencia, HRG and Omega World Travel, the mega category's March reduction coincided with decreases for other ARC categories, including "online" (down 3.3 percent) and "other" (down almost 6 percent).

Fitch Affirms American Express Long-Term Ratings at 'A+'; Outlook Stable

Fitch Ratings has affirmed American Express Company's long-term Issuer Default Rating at 'A+' and short-term IDR at 'F1'. The Rating Outlook is Stable. Approximately $77.2 billion of deposits, commercial paper, unsecured debt, and hybrid capital at year-end 2011 is affected by these actions.

Credit card rewards can trim the sales price of cruising

Sure, you want to cruise to distant shores, but you don't want every dime pirated away. Special rewards cards and programs can smooth out the financial seas

Etihad Airways appoints new GM for Australia and New Zealand

(MENAFN - Emirates News Agency (WAM)) Etihad Airways, the national airline of the United Arab Emirates, has appointed Luisa Pastrello as its General Manager for Australia and New ...

Travel agents remain vital source for cruise sales

Even from home-based operations, travel agents are key industry advocates Four months after the Costa Concordia tragedy, travel agents say they're seeing more demand for their expertise as travelers return for guidance on cruise purchases.