So you're right, we have some strength in travel and airlines. British Airlines and Heathrow is very immaterial in terms of the broad portfolio. So you can certainly see the weakening of the pound impacting us overall on an FX standpoint, but travel and airlines has been obviously a rebounder for us over the last couple of quarters. We aren't seeing any concerns around the issues with the airlines and Heathrow, et cetera. It's not material to the portfolio at all, so not expecting anything in the back half to be impacted by anything.

Aug 4, 2022 / receipt, needs a key / Gary Norcross, CEO | earnings call 2022-08-04 | transcript dce16582-92b0-49b7-bb95-e3902851ca0b | chars 44477-45016 | segment 45

Yeah, I would say, David, you know, at the end of the day, we're kind of returning now to a more normalized environment. Really, it's the strength of our balanced portfolio. You know, is travel and airlines growing faster than we thought going in throughout this year? Yes. We've got some other portfolios that are growing slower than we thought, but the balance of the portfolio is really strong. And that really kind of gets back to Lisa's question around recession. It's really around where consumer spend goes. But we do believe that travel and airline is going to continue to be a strong piece of the book in the back half of the year and model that.

Aug 4, 2022 / receipt, needs a key / Gary Norcross, CEO | earnings call 2022-08-04 | transcript dce16582-92b0-49b7-bb95-e3902851ca0b | chars 45017-45672 | segment 45

COVID impacts on travel and airlines, as well as continued lockdowns in the UK, drove a five-point headwind in the first quarter.

May 6, 2021 / receipt, needs a key / Woody Pischke, CFO | earnings call 2021-05-06 | transcript 68c89722-bdaf-4561-b6fc-082134119dc0 | chars 17622-17751 | segment 18

We certainly do not have travel and airlines at the same pre-COVID levels throughout 2021. We think it'll take into 2022 before that actually comes back 100%, but certainly see outsized growth expectations in Q2 and Q3 and Q4 of 2021.

Feb 9, 2021 / receipt, needs a key / Gary Levine, CEO | earnings call 2021-02-09 | transcript efd0e1b4-e032-41e8-a9ff-4ceec9bd6922 | chars 32403-32637 | segment 33

Is the primary driver, as you're seeing yields on those SMB clients, higher than some of the other verticals that we've talked about before? And we've even seen some improvement in traveling airline.

Oct 29, 2020 / receipt, needs a key / Jason Kupferberg, other | earnings call 2020-10-29 | transcript f0359c20-3b1c-4004-bc24-fc89ab0ffed4 | chars 33276-33475 | segment 34

We'll hold the line on the rest of it or try to hold the line on the rest of it, understanding some of it's travel-related, and we believe some of that will return later next year.

Oct 29, 2020 / receipt, needs a key / Woody, CEO | earnings call 2020-10-29 | transcript f0359c20-3b1c-4004-bc24-fc89ab0ffed4 | chars 46858-47038 | segment 48

These actions are generating more than $300 million in short-term savings through a significant reduction in short-term bonuses, restricting travel expenditures, and reducing hiring of non-revenue generating roles and third party expenses.

May 7, 2020 / receipt, needs a key / Gary (CFO), CFO | earnings call 2020-05-07 | transcript aa09e1d8-3bf9-4355-be24-256fa1898735 | chars 20876-21115 | segment 21

I would tell you that was primarily traveling airlines, which were down roughly 90% in April.

May 7, 2020 / receipt, needs a key / Woody, other | earnings call 2020-05-07 | transcript aa09e1d8-3bf9-4355-be24-256fa1898735 | chars 24340-24433 | segment 25

I think a lot of our travel, where we were aggressive over the years, as all companies were on travel, I think you'll see that just in general come down as well.

May 7, 2020 / receipt, needs a key / Gary Norcross, CEO | earnings call 2020-05-07 | transcript aa09e1d8-3bf9-4355-be24-256fa1898735 | chars 39339-39500 | segment 40

Some of those will be permanent, but most of them will be shorter term in nature, really around short term bonus reduction. It'll be travel reduction, as Gary mentioned earlier.

May 7, 2020 / receipt, needs a key / Woody Pischke, other | earnings call 2020-05-07 | transcript aa09e1d8-3bf9-4355-be24-256fa1898735 | chars 42393-42570 | segment 44