Skift

Episode Notes Amex GBT announced plans on Monday to acquire CWT for $570 million, a deal that would combine two of the world’s largest corporate travel agencies. Travel Technology Reporter Justin Dawes explains why Amex GBT executives are pushing for the megadeal.  Amex GBT CEO Paul Abbott said acquisitions are a key part of its growth strategy, noting the combined company would generate revenue of at least $3 billion. Abbott added acquiring CWT would strengthen several areas of Amex GBT, citing CWT’s footprint in industries such as the media, entertainment and sports.  In addition, Amex GBT also said the acquisition would help produce savings of $155 million within three years.  Next, Boeing’s senior leadership team is undergoing a major overhaul. CEO Dave Calhoun announced he’s leaving the role at the end of the year, writes Airlines Editor Gordon Smith and Airlines Reporter Meghna Maharishi.  In addition to Calhoun stepping down, Commercial Airplanes Division CEO Stan Deal is retiring while board chair Lar