Navan reports 17% jump in Europe-US business flight bookings

Navan (NASDAQ: NAVN) reported a 17.4% year-over-year increase in transatlantic flight bookings between Europe and the United States, according to company data released Tuesday. The business travel platform said US-UK business travel specifically rose nearly 15% compared to the previous year.

The data analysis covered flight bookings made through Navan's platform between January 1 and December 31 for 2024 and 2025. London maintained its position as the top destination for US business travelers, followed by Toronto and Amsterdam. The United States remained the primary international destination for UK business travelers, ahead of Germany and Ireland.

India emerged as a notable trend, breaking into the top-10 destinations for both US and UK business travelers. The company attributed this to increased corporate travel to emerging technology and manufacturing centers.

"Double-digit growth of this magnitude proves that in-person connection is at the core of international business," said Dane Molter, SVP of Travel Marketplace at Navan.

Navan operates an AI-powered platform for business travel and expense management. The company's analysis reflects booking patterns among its corporate clients rather than industry-wide travel data.

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