As a part of its ongoing disposal of non-core assets, Finnair, an air carrier based in Finland, has agreed to sell its Finnish business travel agency SMT Oy to American Express Global Business Travel (GBT).
GBT, a provider of charge and credit payment card products and travel-related services in the Netherlands, will strengthen its services to European and global customers through the acquisition.
Go deeper with GlobalData
The acquisition is expected to be completed in the third quarter of 2016.
Bangkok Airways, based in Thailand, and Austria’s flag carrier, Austrian Airline have entered a code-share agreement, which will enable the latter’s passengers to travel to world-class destinations in Thailand and Cambodia.
Subsequent to the agreement, Austrian Airlines’ passengers can directly book new destinations in Thailand such as Phuket, Krabi, Ko Samui Chiang Rai, Chiang Mai and Trat, and Phnom Penh and Siem Reap in Cambodia.
See Also:
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
