Business travel Daily · Friday, 16 October 2026
TRAVELVISTA
SITA agrees to acquire Collins Aerospace airport solutions
SITA has agreed to acquire Collins Aerospace airport solutions, which provides passenger processing, baggage and airport operations technology capabilities. The transaction is expected to close in the first half of 2027, subject to customary closing conditions including regulatory approval. Airport and airline technology buyers need to watch post-closing product integration and contract continuity.
Aviation and Airports
SITA agrees to acquire Collins Aerospace Airport Solutions
On October 15, 2026, SITA announced that it has agreed to acquire the airport solutions business of Collins Aerospace, which provides passenger processing, baggage and airport operations technology capabilities. SITA said the acquisition will expand its products and capabilities and strengthen support for passengers, baggage and broader airport operations. On the same day, PhocusWire reported that the acquired entity is Collins Aerospace Airport Solutions, Collins Aerospace's airport IT division; the transaction amount was not disclosed; the division provides self-service check-in and bag drop, biometric identity management and passenger verification, baggage tracking technology and airport operations solutions. Both reports said the transaction is expected to close in the first half of 2027 and remains subject to closing conditions including regulatory approval; SITA's first-hand release said "customary closing conditions," while PhocusWire said "customer closing conditions."
Payments and Expense Management
Navan launches Slack travel expense agent and new payment features
On October 15, 2026, Navan announced multiple new features at the Navigate Europe 2026 customer conference. According to Navan Press Releases, these include providing agentic travel and expense management within the Slack collaboration software, allowing users to search, book, and manage business travel in chat, and enabling administrators to obtain travel and expense program insights conversationally. On the same day, Business Travel News reported that Navan added travel and expense management capabilities in Slack, allowing users to search, book, and manage trips within the same Slack conversation and receive trip confirmations, and enabling travel managers to view program data conversationally. The report also mentioned that Navan added payment features but did not disclose specific details. Earlier reports did not mention specific release information for other features such as the multi-currency card mentioned in previous headlines.