ACTE COLUMN CAROLINE ALLEN Keep up with events
Over the past decade, global economic trends have impacted us all. Let’s get together to discern the best way forward
the global financial markets crashed and created a new business norm. Financial tremors rippled around the globe creating panic. Long queues formed outside banks and the UK government had to rescue Northern Rock and RBS. Bear Stearns was bought by JP Morgan for US$240 million. Bank of America paid US$50bn for Merrill Lynch. Lehman Brothers couldn’t find a buyer and filed for the largest bankruptcy in history. The consequence of crisis is invention and, thanks to technological innovation, fewer people can achieve more with less. Sustained productivity increase has only been possible through technology advancement and the ability to reimagine the way we harness human capital. We need different skill sets to run
Caroline Allen is the regional director of the Association of Corporate Travel Executives (
acte.org).
organisations today and a plethora of new jobs have emerged that didn’t exist ten years ago. On the surface, corporate travel may not look so different. There are still corporations, suppliers and travel management companies, yet the relationships and business models have fundamentally changed. Today we operate in an uncertain geopolitical environment. The UK bank base rate was at a record low of 0.5 per cent from 2009 to 2016 then dropped to 0.25 per cent after the UK opted to leave the European Union. The pound slumped the day after the referendum and today remains around 15 per cent lower against the dollar and 10 per cent down on the euro.
Businesses will need to continue
the relentless drive to reinvent and innovate. Regardless of whether you have national or global responsibility in your organisation, never has it
been more important to understand what is happening in your industry on a global scale. This year’s ACTE and CAPA’s Global Summit will advance your understanding of what is happening in the corporate travel and aviation sectors around the world. For the first time in more than a decade, it will be held in London on October 11-13. You’ll be missing a career- advancing trick if you don’t attend. ACTE Corporate Buyer members can attend for just Ð25, and non-member Buyers get a free membership when they register for just Ð405. Supplier rates vary. See the London Summit homepage and pricing section at
www.acte.org – we look forward to seeing you there!
ANDREAS WEINGARTNER Andreas Weingartner has been named director of sales by BMI Regional. He joins from Brussels Airlines where he was general manager for Central Europe, the Baltics, the Balkans, Russia and Armenia. He will head up sales across BMI Regional’s network.
ANDY BESENT UK and Irish hotel group Jurys Inn has announced the appointment of Andy Besent as head of sales. Besent will play a key role enhancing Jurys Inn’s market position across the UK and Ireland. His most recent role was managing director at HRS UK.
ANDY BATTY Andy Batty has been appointed UK general manager of Daimler Group- owned Mytaxi, following the integration of Hailo into the brand. He was previously GM at Onefinestay, and head of European operations at Tough Mudder.
JAMES GINNS Cathay Pacific has appointed James Ginns as its new regional general manager Europe. He will take on the airline’s strategic and business development in the region. He has worked at Cathay Pacific for 26 years, most recently as director, service delivery.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158
