Navan Invests in European Footprint with New Partnerships

PALO ALTO, Calif.--(BUSINESS WIRE)--Jun 22, 2026--

Navan (NASDAQ: NAVN), the global AI-powered business travel and expense platform, today announced new integrations with European travel suppliers. Navan will add to its platform a direct New Distribution Capability (NDC) connection with Italy’s national air carrier, ITA Airways; overnight rail services in the UK with Caledonian Sleeper; and mobile-first car rental bookings in France with Virtuo.

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“We’re seeing incredible momentum across Europe, bookings to and from the continent are up year-over-year, and to truly serve the European market you have to continually invest locally,” said Michael Riegel, Chief Customer Officer at Navan. “By bringing ITA’s NDC, Virtuo, and Caledonian Sleeper cabins to Navan, we’re working to make sure European businesses have all the travel options they need, and are accessible in our easy to use app.”

Accelerating NDC Leadership with ITA Airways

As NDC technology matures, Navan continues to lead the transformation in business travel by enabling ITA Airways content via Lufthansa Group’s NDC API, using the latest version, 24.1. For travelers, this translates to exclusive content not available on legacy platforms, including ITA's Light (LGT) and Business (BXX). Additionally, the latest generation of the NDC API unlocks a superior post-booking experience by enabling seamless automation with unmatched speed and efficiency.

Prioritising Comfort with the Caledonian Sleeper

The integration of Caledonian Sleeper means Navan users can now book sleeper cabins on the UK's only overnight rail service. Running roughly eight hours between London and Scottish business hubs, the option to book Caledonian Sleeper cabins through Navan helps travelers prioritise comfortable and cost-effective travel, whilst maximizing traveler productivity for the day ahead.

“Through this new integration, the productivity, employee wellbeing, and low carbon benefits of choosing Caledonian Sleeper for corporate travel are now all just a click away,” said Steven Marshall, Head of Sales & Marketing for Caledonian Sleeper. “Our fully private guest rooms, some with en-suite, are now bookable via the Navan platform, bringing a restful overnight option between Scotland and London within easy reach.”

Streamlining Ground Transport with Virtuo

Navan’s integration with Virtuo will bring a new digital-first approach to car rentals for its travelers in France and the UK. Travelers can book a range of cars on the Navan platform, and access their rental remotely via the Virtuo app – 24/7, and with digital identity verification and AI-powered damage reporting. Travelers will no longer need to wait in line at the rental counter or sit through time-consuming inventory checks, and can instead go straight from the arrivals gate to their vehicle.

“Our 100% digital, mobile-only approach was built to bypass the traditional rental counter entirely,” said Marie Muller, Virtuo’s CEO. “Partnering with Navan allows us to bring that seamless experience to enterprise travelers, getting our customers on the road without the wait.”

These new integrations reinforce Navan’s commitment to expanding its European footprint, adding to a wave of recent inventory expansions including Swedish Rail, SAS NDC, and the bahn.business program from Deutsche Bahn.

About Navan

Navan (NASDAQ: NAVN) is the global AI-powered business travel and expense platform that makes travel easy for travelers. From finding flights and hotels, to automating expense reconciliation, with 24/7 support along the way, Navan delivers an intuitive experience travelers love and finance teams rely on. See how Navan customers benefit and learn more at navan.com.

About Virtuo

Virtuo is a 100% digital, mobile-only car rental service built to replace the traditional rental counter. Through its app, drivers can book, unlock, and return a vehicle in minutes - no paperwork, no queues, no keys. Available across France and the UK, Virtuo serves both individual travelers and businesses through its Virtuo for Business offering. Virtuo is operated by MobiTech SAS. Virtuo for Business contact: Dimitri Brochard.

About Caledonian Sleeper Limited

Caledonian Sleeper is an overnight rail journey between Scotland and London, operated by Caledonian Sleeper Limited on behalf of Transport Scotland. Running every night, 6 nights per week, guests are transported both north and south between London Euston and some of Scotland’s biggest cities, including Aberdeen, Edinburgh, Glasgow and Inverness, and more rural locations, such as Fort William. With staycations on the rise, this is the most convenient way for guests to reach their destination of choice. A range of innovative ways to travel are offered including double and en-suite rooms as well as a Club Car boasting a menu of Scottish produce.

Forward-Looking Statements

All statements in this press release other than statements of historical fact could be deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” or similar expressions. Such statements are subject to risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by the forward-looking statements. These risks and other factors include the risks described under the caption “Risk Factors” in Navan’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on June 11, 2026, as they may be updated by Navan’s subsequent filings with the SEC. Except as required by law, Navan undertakes no obligation, and does not intend, to update these forward-looking statements.

New integrations with ITA Airways, Caledonian Sleeper, and Virtuo elevate localized inventory across Europe

OBBUERGEN, Switzerland (AP) — Senior negotiators from the U.S. and Iran on Monday wrapped up a lengthy round of initial talks aimed at solidifying a permanent end to the war between the countries.

The mediation effort in Switzerland started Sunday and had rocky moments. But it also led to some agreements between the two sides.

Mediators Qatar and Pakistan hailed what they called “encouraging progress” made during the talks as Iran and the United States agreed to create a “de-confliction cell” to address the fighting in Lebanon. A senior U.S. diplomat claimed progress on multiple fronts, including the establishment of “mechanisms” to ensure the Strait of Hormuz, a vital waterway for global energy shipments, remains open and that a ceasefire in southern Lebanon holds.

Yet the talks between the U.S. and Iran, who were accompanied by Qatari and Pakistani officials, was jolted by blistering statements from U.S. President Donald Trump, who from thousands of miles away from the Swiss negotiating venue at a mountainside resort near Lake Lucerne was firing off comments that offended the Iranians.

Iranian state media said talks had paused after the “publication of an insulting message by the U.S. President.” The Iranian delegation then met with Qatari mediators and left the negotiating site, state media said. The senior U.S. diplomat, who spoke on condition of anonymity to brief journalists on the ongoing talks, said late Sunday that the Iranians remained on site and the negotiations were on.

Iranian state television reported Monday that the Iranian delegation had left the summit site to head to the airport in Zurich to fly back to Tehran.

Iranian President Masoud Pezeshkian had vowed to “never back down from the right to enrich uranium,” according to state media, and Trump later told Fox News in a phone interview that Pezeshkian should watch what he says and also threatened to take over Iran, according to one of the news channel's correspondents.

Trump also continued to issue warnings against Iran on social media, posting as negotiators worked: “Iran must immediately stop their highly paid PROXIES in Lebanon from causing trouble. If they don’t, we’ll hit Iran very hard again, just like we did last week, only harder!!!”

The chief negotiators for the U.S. include JD Vance, the vice president; special envoy Steve Witkoff, and Jared Kushner, the son-in-law of the president. Iran is represented by Mohammad Bagher Qalibaf, Iran’s parliamentary speaker, and Foreign Minister Abbas Araghchi.

It’s unclear when Vance will depart Switzerland, although he told Fox News in an interview Saturday that he anticipates staying only a “day or two.” Kushner and Witkoff are handling much of the technical details on behalf of the U.S. delegation.

In a joint statement, Pakistan and Qatar said the high-level talks had ended and that technical negotiations would continue in Switzerland for the rest of the week. The statement said the sides had agreed to establish a “communication line” to ensure safe passage of ships in the Strait of Hormuz, as well as a mechanism to bring about an end to the fighting between Israel and the Iranian-backed militant group Hezbollah in Lebanon.

The U.S. offered no immediate comment, while Iran praised the meditators’ work.

Araghchi wrote on X that Pakistani and Qatari mediators delivered "major progress to end the Lebanon War.” He added that the first “real test” of negotiations would be whether the mechanism succeeded in halting the fighting between Israel and Hezbollah.

The senior U.S. diplomat said among the issues discussed was Iran’s messaging as it related to the Strait of Hormuz, which Iran’s military said it closed Saturday in response to continued fighting in Lebanon. U.S. Central Command has disputed that Iran closed the strait again.

The interim deal to end the fighting in Iran, signed last week by the leaders of the U.S. and Iran, outlines a 60-day period for negotiators to settle the future of Tehran’s nuclear program amid concerns that it wants to use it for military purposes, a claim Iran denies. The fate of frozen Iranian assets, among other thorny issues, are also on the agenda.

Though the talks will encompass a vast array of complex matters, Iran first wants to focus on addressing the fighting in Lebanon.

Saturday’s renewed ceasefire in Lebanon appeared to be holding, and Israel’s military said it would lift movement restrictions for residents near the Israel-Lebanon border on Monday morning. Neither Israel nor Hezbollah is a signatory to the U.S.-Iran deal.

There was cautious calm Monday in Lebanon, with no Israeli strikes reported overnight after a day of quiet Sunday. Hezbollah likewise has not announced any attacks on Israeli forces since Saturday.

The lull in fighting in Lebanon is the longest since the outbreak of the latest Israel-Hezbollah war on March 2.

Kim reported from Washington. Associated Press reporters Abby Sewell in Beirut, David Rising in Bangkok and Jon Gambrell in Dubai, United Arab Emirates, contributed to this story.

From left, US Vice-President JD Vance, Prime Minister of Islamic Republic of Pakistan, Shehbaz Sharif and Premier minister of Qatar Mohammed bin Abdulrahman bin Jassim Al Thani, at the Buergenstock resort resort in Obbuergen, near Lucerne, Switzerland, Sunday, June 21, 2026. (Urs Flueeler, Pool Photo via AP)

US Vice President JD Vance prior to a quadrilateral meeting between the United States, Iran, Pakistan and Qatar at the Burgenstock luxury hotel complex overlooking Lake Lucerne, Switzerland, Sunday June 21, 2026. (Fabrice Coffrini/Keystone via AP)

Minister of Foreign Affairs of Iran, Seyyed Abbas Araghchi, 3rd from right, and Speaker of the Islamic Parliament of Iran, Mohammed Bagher Ghalibaf, 2nd from right, with the Delegation of Iran at the Lake Lucerne Summit at the Buergenstock resort in Obbuergen, near Lucerne, Switzerland, Sunday, June 21, 2026. (Urs Flueeler, Pool Photo via AP)