British TMCs say distribution fee has hurt Lufthansa, airline disagrees

Lufthansa lost GDS market share on bookings from the U.K. to Germany following the imposition of a controversial 16-euro surcharge in September, according to trade group the Guild of Travel Management Companies (GTMC). Lufthansa counters that the fee has not harmed its bookings companywide. The data, based upon a sample of 12,000 bookings made by GTMC members in the three months before and after the surcharge went into effect, shows that Lufthansa’s market share declined 8.5%. Those numbers suggest “that TMCs have switched business away from the airline group to…

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EU Referendum: Business boost for Cameron as they say Brexit will hurt UK jobs

Company bosses and business leaders have warned that leaving the European Union would put British jobs at risk. That is the view put forward in a letter to The Times signed by 200 business leaders, including more than a third of Britain’s 100 largest companies. Signatories backing David Cameron’s stance include chairmen or CEOs of companies from the FTSE 100 including Asda, BT, Vodafone and Marks & Spencer. The letter hails pledges to cut red tape, deepen the single market and sign off new trade deals in the agreement finalised…

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