<SEC-DOCUMENT>0001104659-22-068218.txt : 20220606
<SEC-HEADER>0001104659-22-068218.hdr.sgml : 20220606
<ACCEPTANCE-DATETIME>20220603205546
ACCESSION NUMBER:		0001104659-22-068218
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20220606
DATE AS OF CHANGE:		20220603

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Global Business Travel Group, Inc.
		CENTRAL INDEX KEY:			0001820872
		STANDARD INDUSTRIAL CLASSIFICATION:	TRANSPORTATION SERVICES [4700]
		IRS NUMBER:				980598290
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-91729
		FILM NUMBER:		22996514

	BUSINESS ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-329-7200

	MAIL ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Apollo Strategic Growth Capital
		DATE OF NAME CHANGE:	20200812

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICAN EXPRESS CO
		CENTRAL INDEX KEY:			0000004962
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		IRS NUMBER:				134922250
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		200 VESEY STREET
		STREET 2:		50TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10285
		BUSINESS PHONE:		2126402000

	MAIL ADDRESS:	
		STREET 1:		200 VESEY STREET
		STREET 2:		50TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10285
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>tm2217647d1_sc13d.htm
<DESCRIPTION>SC 13D
<TEXT>
<HTML>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES </B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE 13D </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Under the Securities Exchange Act of 1934* </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Global Business Travel Group, Inc. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Name of Issuer) </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Class A Common Stock, Par Value $0.0001 Per
Share</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Title of Class of Securities) </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>37890B 100 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(CUSIP Number) &nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Laureen E. Seeger, Esq.</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Chief Legal Officer<BR>
    American Express Company<BR>
    200 Vesey Street<BR>
    New&nbsp;York,&nbsp;New York&nbsp;10285<BR>
    (212) 640-2000</B></P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications) </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>May 27, 2022</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Date of Event Which Requires Filing of this
Statement) </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the filing person has previously filed a statement on Schedule
13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of &sect;&sect; 240.13d-1(e),
240.13d-1(f) or 240.13d-1(g), check the following box: <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Note</B>: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; padding: 0.25pt; font-size: 10pt"><FONT STYLE="font-size: 10pt">*</FONT></TD>
    <TD STYLE="padding: 0.25pt; font-size: 10pt"><FONT STYLE="font-size: 10pt">The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. </FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The information required on the remainder of this cover page shall
not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&#8220;Act&#8221;) or otherwise
subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>





<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE 13D </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt; font-size: 10pt; width: 100%"><FONT STYLE="font-size: 10pt">CUSIP No. 37890B 100</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; font-size: 10pt; width: 5%; padding-bottom: 2pt"><FONT STYLE="font-size: 10pt">(1) </FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 1pt solid; border-left: Black 1pt solid; width: 1.5%; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; border-top: black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; width: 93.5%; padding-bottom: 2pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Name of Reporting Person</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">American Express Company&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; font-size: 10pt; padding-bottom: 2pt"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-bottom: 2pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the Appropriate Box if a Member of a Group</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(a) <FONT STYLE="font-family: Wingdings">&#168;</FONT> (b) <FONT STYLE="font-family: Wingdings">&#120;</FONT></P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; font-size: 10pt; padding-bottom: 2pt"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; font-size: 10pt; padding-bottom: 2pt"><FONT STYLE="font-size: 10pt">SEC Use Only</FONT></TD></TR>

<TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; font-size: 10pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-bottom: 2pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Source of Funds</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">OO</P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; font-size: 10pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-bottom: 2pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check box if Disclosure of Legal Proceeding Is Required Pursuant
to Items 2(d) or 2(e) <FONT STYLE="font-family: Wingdings">&#168;</FONT>&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; font-size: 10pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 1pt solid; border-left: Black 1pt solid; border-top: Black 1pt solid; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-bottom: 2pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Citizenship or Place of Organization</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">New York&nbsp;</P></TD></TR>
  </TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="4" STYLE="border-left: black 1pt solid; padding: 2pt 0.25pt 2pt 8.4pt; width: 10%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Number of</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Shares</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Beneficially</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Owned by</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Each</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Reporting</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Person</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">With</P></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; border-left: black 1pt solid; padding-bottom: 2pt; vertical-align: bottom; width: 0%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; width: 5%; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(7) </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; border-left: black 1pt solid; padding-bottom: 2pt; vertical-align: bottom; width: 0%"></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2pt 2.4pt 2pt 1pt; vertical-align: top; width: 85%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sole Voting Power</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">157,786,199&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; border-left: black 1pt solid; padding-bottom: 2pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(8)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; border-left: black 1pt solid; padding-bottom: 2pt; vertical-align: bottom"></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2pt 2.4pt 2pt 1pt; vertical-align: top">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Shared Voting Power</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">0&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; border-left: black 1pt solid; padding-bottom: 2pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(9)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; border-left: black 1pt solid; padding-bottom: 2pt; vertical-align: bottom"></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2pt 2.4pt 2pt 1pt; vertical-align: top">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sole Dispositive Power</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">157,786,199&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid; padding-top: 2pt; padding-bottom: 2pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; text-align: center; vertical-align: top; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(10)</FONT></TD>
    <TD STYLE="border-left: black 1pt solid; padding-top: 2pt; padding-bottom: 2pt; vertical-align: bottom"></TD>
    <TD STYLE="border-right: black 1pt solid; padding: 2pt 2.4pt 2pt 1pt; vertical-align: top">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Shared Dispositive Power</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">0&nbsp;</P></TD></TR>
  </TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; font-size: 10pt; width: 5%; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(11)</FONT></TD>
    <TD STYLE="padding: 2pt 0.25pt 2pt 0.4pt; vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font-size: 10pt; width: 1.5%">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2pt 2.4pt 2pt 0.25pt; width: 93.5%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Aggregate Amount Beneficially Owned by Each Reporting Person</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">157,786,199&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; font-size: 10pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(12)</FONT></TD>
    <TD STYLE="padding: 2pt 0.25pt 2pt 0.4pt; vertical-align: bottom; border-left: black 1pt solid; border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding: 2pt 2.4pt 2pt 0.25pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check box if the Aggregate Amount in Row (11) Excludes Certain
Shares <FONT STYLE="font-family: Wingdings">&#168;</FONT>&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; font-size: 10pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(13)</FONT></TD>
    <TD STYLE="padding: 2pt 0.25pt 2pt 0.4pt; vertical-align: bottom; border-left: black 1pt solid; border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding: 2pt 2.4pt 2pt 0.25pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Percent of Class Represented by Amount in Row (11)</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">73.5% (1)&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 2pt; text-align: center; vertical-align: top; font-size: 10pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(14)</FONT></TD>
    <TD STYLE="padding: 2pt 0.25pt 2pt 0.4pt; vertical-align: bottom; border-left: black 1pt solid; border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding: 2pt 2.4pt 2pt 0.25pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Type of Reporting Person (See Instructions)</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">CO&nbsp;</P></TD></TR>
  </TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 0.25pt; padding-right: 5.4pt; padding-left: 8.4pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1) Based on 56,945,033 shares of Class A Common Stock issued and outstanding as of May 27, 2022, and assuming that the Reporting Person (as defined in Item 2 below) exchanges all of the B Ordinary Shares (with automatic cancellation of the shares of Class B Common Stock) held directly or indirectly by it for shares of Class A Common Stock on a one-for-one basis, but no other stockholder exchanges its B Ordinary Shares. </FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE 13D </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">CUSIP No. 37890B 100</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 1. Security and Issuer </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This statement on Schedule 13D (this &#8220;<U>Statement</U>&#8221;)
relates to the Reporting Person&#8217;s (as defined in Item 2 below) beneficial ownership interest in the Class A common stock, par value
$0.0001 per share (the &#8220;<U>Class A Common Stock</U>&#8221;), of Global Business Travel Group, Inc., a Delaware corporation (the
 &#8220;<U>Issuer</U>&#8221;). The address of the principal executive offices of the Issuer is 666 3rd Avenue, 4th Floor, New York, NY
10172.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 2. Identity and Background </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(a)</TD><TD>This Statement is being filed by American Express Company (&#8220;<U>American Express</U>&#8221;) w<FONT STYLE="background-color: white">ith
respect to securities&nbsp;held of record by American Express Travel Holdings Netherlands Co&ouml;peratief U.A. (&#8220;<U>Amex HoldCo.</U>&#8221;),
an indirect, wholly-owned subsidiary of American Express (collectively, the &#8220;<U>Reporting Person</U>&#8221;)</FONT>.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD>The address of the principal office and principal business of the Reporting Person is 200 Vesey Street, New York, New York 10285.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(c)</TD><TD>American Express&#8217; principal products and services are credit and charge card products, along with travel and lifestyle related
services, offered to consumers and businesses around the world.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(d)</TD><TD>During the last five years, neither the Reporting Person nor, to the best of its knowledge, any of the executive officers or directors
of the Reporting Person, have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(e)</TD><TD>During the past five years, neither the Reporting Person nor, to the best of its knowledge, any of the executive officers or directors
of the Reporting Person, were a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result
of such proceeding were or are subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any violation with respect to such laws.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(f)</TD><TD>American Express is a New York corporation. Amex HoldCo. is a cooperative organized under the laws of the Netherlands.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 3. Source and Amount of Funds or Other Consideration </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The responses to Items 2, 4, 5 and 6 of this Schedule 13D are incorporated
into this Item 3 by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On May 27, 2022, in connection with the consummation of the transactions
contemplated by the business combination agreement dated December 2, 2021 between Apollo Strategic Growth Capital (&#8220;<U>Apollo</U>&#8221;)
and GBT JerseyCo Limited (&#8220;<U>JerseyCo</U>&#8221;) (the &#8220;<U>Business Combination Agreement</U>&#8221;), Amex HoldCo. received
157,786,199 B Ordinary Shares of JerseyCo (the &#8220;<U>B Ordinary Shares</U>&#8221;) and an equal number of shares of Class B Common
Stock of the Issuer (the &#8220;<U>Class B Common Stock</U>&#8221;). Amex HoldCo. also entered into an exchange agreement dated May 27,
2022 (the &#8220;<U>Exchange Agreement</U>&#8221;) with the Issuer, JerseyCo, Juweel Investors (SPC) Limited (&#8220;<U>Juweel</U>&#8221;)
and EG Corporate Travel Holdings LLC (&#8220;<U>Expedia</U>&#8221;) giving it the right, on the terms and subject to the conditions of
the Exchange Agreement, to exchange its B Ordinary Shares for an equal number of shares of Class A Common Stock of the Issuer (the &#8220;<U>Class
A Common Stock</U>&#8221;) on a one-for-one basis (with automatic cancellation of an equal number of shares of Class B Common Stock),
subject to the conditions described in Item 6.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Issuer&#8217;s Class A Common Stock and Class B Common Stock will
vote together as a single class on all matters submitted to a vote of stockholders, except as otherwise required by applicable law. Both
the Class A Common Stock and the Class B Common Stock carry one vote per share on all matters on which stockholders are generally entitled
to vote.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 4. Purpose of Transaction </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The responses to Items 2, 3, 5 and 6 of this Schedule 13D are incorporated
into this Item 4 by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Reporting Person beneficially owns Class A Common Stock for investment
purposes and in support of the strategic relationship between the Issuer and the Reporting Person. This strategic relationship commenced
in June 2014 with the formation of the joint venture between the Reporting Person and Juweel that established the Issuer&#8217;s operations.
Subject to the agreements described herein, the Reporting Person intends to review on a continuing basis its investment in the Issuer
and may from time to time increase or decrease its investment in the Issuer depending upon the price and availability of the Issuer&#8217;s
securities, subsequent developments affecting the Issuer, the Issuer&#8217;s business and prospects, other investment and business opportunities
available to the Reporting Person, general stock market and economic conditions, tax considerations and other factors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 5. Interest in Securities of the Issuer </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The responses to Items 2, 3, 4 and 6 of this Schedule 13D are incorporated
into this Item 5 by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(a) and (b) The following table sets forth the aggregate number and
percentage of the Class A Common Stock beneficially owned by the Reporting Person. The aggregate number and percentage of the Class A
Common Stock beneficially owned by the Reporting Person is calculated in accordance with Rule 13d-3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Reporting Person</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Number of<BR> Shares With Dispositive Power</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Percentage of Class<BR>
    A Common Stock<BR> Outstanding<SUP>(1)</SUP></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 54%; font-size: 10pt; text-align: center; padding-left: 0.25pt">American Express Company<SUP>(2)</SUP></TD><TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 20%; font-size: 10pt; text-align: right">157,786,199</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 20%; font-size: 10pt; text-align: right">73.5</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">%</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; padding: 0.25pt; font-size: 10pt"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding: 0.25pt; font-size: 10pt"><FONT STYLE="font-size: 10pt">Based on 56,945,033 shares of Class A Common Stock issued and outstanding as of May 27, 2022, and assuming that the Reporting Person exchanges all of the B Ordinary Shares (with automatic cancellation of the shares of Class B Common Stock) held directly or indirectly by it for shares of Class A Common Stock on a one-for-one basis, but no other stockholder exchanges its B Ordinary Shares. </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt; font-size: 10pt"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="padding: 0.25pt; font-size: 10pt"><FONT STYLE="font-size: 10pt">Consists of securities held of record by Amex HoldCo.&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On May 27, 2022, Amex HoldCo. entered into a shareholders agreement
with the Issuer, JerseyCo, Juweel and Expedia (the &#8220;<U>Shareholders Agreement</U>&#8221;). By virtue of the Shareholders Agreement
and the obligations and rights thereunder, the Reporting Person may be deemed to be in a &#8220;group&#8221; with Juweel and Expedia for
purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the &#8220;<U>Exchange Act</U>&#8221;). This filing shall
not be deemed an admission that such persons constitute a &#8220;group&#8221; for purposes of Section 13(d) of the Exchange Act and the
Reporting Person expressly disclaims such group membership.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(c) Except as set forth in this Item 5, the Reporting Person has not
effected any transaction in shares of Class A Common Stock during the past sixty (60) days.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(d) To the best knowledge of the Reporting Person, no person other
than the Reporting Person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale
of, the securities beneficially owned by the Reporting Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(e) Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The responses to Items 2, 3, 4 and 5 of this Schedule 13D are incorporated
into this Item 6 by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the Exchange Agreement described above, Amex HoldCo. may
exchange its B Ordinary Shares (with automatic cancellation of an equal number of shares of Class B Common Stock) for shares of Class
A Common Stock on a one-for-one basis, subject to certain conditions and customary adjustments for stock splits, stock dividends, reclassifications
and other similar transactions or, in certain limited transactions, at the option of the a committee of independent directors of the Issuer
(the &#8220;<U>Exchange Committee</U>&#8221;), for cash.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Issuer, acting through the Exchange Committee, may limit or restrict
such exchanges if the Exchange Committee determines that such limitations or restrictions are necessary to avoid a violation of applicable
law or JerseyCo being classified as a &#8220;publicly traded partnership&#8221; taxable as a corporation for U.S. federal income tax purposes.
In the event of certain tender offers, changes of control or similar transactions with respect to shares of Class A Common Stock, the
Exchange Agreement entitles each of Amex HoldCo., Juweel and Expedia to exchange its B Ordinary Shares in order to participate in such
tender offers, changes of control or similar transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to an Amended and Restated Registration Rights Agreement (the
 &#8220;<U>Registration Rights Agreement</U>&#8221;) entered into by and among the Issuer and certain stockholders, including Amex HoldCo.,
certain stockholders can require the Issuer to register for resale under the Securities Act of 1933, as amended, their shares of Class
A Common Stock, whether currently owned or issued upon exchange of B Ordinary Shares. The Registration Rights Agreement also provides
for customary piggyback rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, the Shareholders Agreement sets forth various
restrictions, limitations and other terms concerning the transfer of equity security securities of the Issuer by the parties
thereto. Among other matters, and subject to certain terms, conditions and exceptions, the Shareholders Agreement will prohibit Amex
HoldCo., Juweel and Expedia, severally and not jointly, from effecting transfers of such equity securities to certain specified
restricted persons, as well as transfers that would violate applicable securities laws or cause the Issuer to be treated other than
as a pass-through entity for U.S. federal income tax purposes. The Shareholders Agreement also specifies the initial composition of
the Issuer board of directors (the &#8220;<U>Board</U>&#8221;) and requires the Issuer to take all necessary action within its
control to cause the Board to have 11 directors, consisting of the Chief Executive Officer of the Issuer, two nominees of Amex
HoldCo., two Juweel nominees, one Expedia nominee, one nominee of APSG Sponsor, L.P. (the &#8220;<U>Sponsor</U>&#8221;), and, for so
long as the director designated by the Sponsor is serving on the Board, four independent nominees, nominated by the Board&#8217;s
nominating and governance committee, and, following the conclusion of the Sponsor designee&#8217;s service on the Board, five such
independent nominees. If Amex HoldCo. or Juweel ceases to own at least 15% of the Issuer&#8217;s issued shares, it will thereafter
have the right (on a several basis) to nominate only one director, and if any of Amex HoldCo., Juweel or Expedia ceases to own at
least 5% of the Issuer&#8217;s issued shares, it will thereafter have no right to nominate a director, except that Amex HoldCo. will
continue to have the right (on a several basis) to nominate a director for so long as the Issuer is deemed to be
 &#8220;controlled&#8221; by American Express under the Bank Holding Company Act of 1956, as amended (the &#8220;<U>BHC
Act</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Shareholders Agreement will also require (subject to certain specified
conditions and exceptions including those described below) the approval of each of Amex HoldCo., Juweel and Expedia to take certain actions,
including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Other than in accordance with the Issuer&#8217;s Certificate of Incorporation or pursuant to an issuer tender offer or share repurchase
program that, in each case, was approved by the Board, the redemption, cancellation or repayment of any equity securities of the Issuer
or JerseyCo, other than on a pro rata basis from all shareholders;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&#8203;Dividends or distributions, other than on a pro rata basis;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&#8203;Other than in accordance with the Issuer&#8217;s Certificate of Incorporation, any share exchanges, splits, combinations and
similar actions with respect to one or more, but not all, classes or series of the Issuer&#8217;s or JerseyCo&#8217;s shares;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&#8203;Amendments to JerseyCo&#8217;s organizational documents that relate specifically and solely to rights, priorities and privileges
of the B Ordinary Shares or the C Ordinary Shares of JerseyCo (the &#8220;<U>C Ordinary Shares</U>&#8221;), as applicable, or have a disproportionate
adverse effect on such shares as compared to any other class or series of shares, and do not require a separate class vote of the holders
of such shares; or</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&#8203;Any agreement or commitment to do any of the foregoing.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8203;In general, the foregoing approval right of each of Amex
HoldCo., Juweel and Expedia will terminate if such person ceases to own at least 10% of the Issuer&#8217;s common stock; however, an
amendment to JerseyCo&#8217;s organizational documents of the type described in the fourth bullet in the preceding sentence will
require the approval of any such person to which such amendment is materially adverse, regardless of such person&#8217;s percentage
interest of the Issuer&#8217;s common stock. The foregoing approval rights do not apply to actions that the Issuer or JerseyCo
undertake to effect an exchange pursuant to the Exchange Agreement or actions that they are otherwise authorized to undertake
pursuant to the Exchange Agreement. Until Amex HoldCo. ceases to own at least 25% of the Issuer&#8217;s common stock, the approval
of Amex HoldCo. is also required for the Issuer to take certain actions that would result in the consolidation of the Issuer or
JerseyCo with American Express, or in the Issuer or JerseyCo becoming a &#8220;variable interest entity&#8221; under ASC 810. Until
Amex HoldCo. ceases to own at least 15% of the Issuer&#8217;s common stock, Amex HoldCo. will also have certain anti-dilution rights
with respect to its beneficial ownership of the Issuer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Shareholders Agreement also contains various provisions related
to the Issuer&#8217;s compliance with certain banking laws and regulations, including the BHC Act. Because American Express is deemed
to &#8216;&#8216;control&#8217;&#8217; the Issuer under the BHC Act, the Issuer is subject to supervision, examination and regulation
by the Federal Reserve. Upon the occurrence of certain &#8220;Amex Exit Conditions&#8221; specified in the Shareholders Agreement, which
generally relate to the Issuer&#8217;s failure to satisfy regulatory requirements arising from American Express&#8217; deemed &#8220;control&#8221;
of the Issuer, or American Express&#8217; determination that the BHC Act otherwise prohibits it from maintaining its investment in the
Issuer, Amex HoldCo. may take (or require the Issuer to take) certain actions under the Shareholders Agreement to terminate the American
Express&#8217; deemed &#8220;control&#8221; of the Issuer. In particular, Amex HoldCo. may elect (in its discretion) to transfer its shares
of the Issuer and JerseyCo or exercise demand registration rights, in each case without regard to certain restrictions that would otherwise
apply, or exchange all or a portion of its Class A Common Stock and Class B Common Stock, as applicable, for shares of Class A-1 Preferred
Stock of the Issuer and Class B-1 Preferred Stock of the Issuer, respectively, which are non-voting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">American Express Travel Related Services Company, Inc.
(&#8220;<U>TRS</U>&#8221;), the principal operating subsidiary of American Express, and the Issuer are also parties to an amended
and restated trademark license agreement (the &#8220;<U>Trademark License Agreement</U>&#8221;) to grant a subsidiary of the Issuer
a long-term, 11-year license (unless earlier terminated or extended) pursuant to which to all wholly-owned operating subsidiaries of
the Issuer and other permitted sublicensees will be permitted to license certain of American Express&#8217; trademarks for business
travel, meeting and events, business consulting and other services related to business travel. Pursuant to the Trademark License
Agreement, upon the occurrence of certain specified conditions, the Issuer is entitled to require that TRS and its affiliates divest
or otherwise restructure its investment in the Issuer such that the Issuer and its affiliates would no longer be considered
 &#8220;controlled entities&#8221; for the purposes of certain banking laws and regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In connection with the Business Combination Agreement, on December
2, 2021, Apollo and certain stockholders, including Amex HoldCo., entered into a company holders support agreement (the &#8220;<U>Company
Holders Support Agreement</U>&#8221;), pursuant to which Amex HoldCo. has agreed not to transfer, until the 180th day following the consummation
of the transactions contemplated by the Business Combination Agreement (the &#8220;<U>UW Lock-Up Release Date</U>&#8221;), any equity
securities of the Issuer or JerseyCo (subject to certain permitted exceptions).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the Business Combination Agreement, if at any time during
the five years following the consummation of the transactions contemplated by the Business Combination Agreement, the dollar volume-weighted
average price of the Class A Common Stock is, for any 20 trading days within a period of 30 consecutive trading days, greater than or
equal to (i) $12.50, then one-half of the number of C Ordinary Shares held by Amex HoldCo. shall automatically and without further action
on the part of any person be converted and re-designated into an equal number of B Ordinary Shares; or (ii) $15.00, then the remaining
C Ordinary Shares held by Amex HoldCo. shall automatically and without further action on the part of any person be converted and re-designated
into an equal number of B Ordinary Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The foregoing summaries do not purport to be complete, and are qualified
in their entirety by reference to the Business Combination Agreement, the Exchange Agreement, the Registration Rights Agreement, the Shareholders
Agreement, the Trademark License Agreement and the Company Holders Support Agreement, filed herewith as Exhibits 1, 2, 3, 4, 5 and 6,
respectively, and incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Other than the matters disclosed in this Schedule 13D, the Reporting
Person is not party to any contracts, arrangements, understandings, or relationships with respect to any securities of the Issuer, including
but not limited to the transfer or voting of any of the securities, finder&#8217;s fees, joint ventures, loan or option agreements, puts
or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. In addition, the Reporting Person
and the Issuer are parties to a series of commercial arrangements that provide, among other things, certain obligations regarding payment
product solutions, business travel and meetings and events, agreements with competitors, support of partnerships, lead generation and
card merchant acceptance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 7. Material to be Filed as Exhibits </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding: 0.25pt 0.25pt 0.5pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit</B></FONT></TD>
    <TD STYLE="padding: 0.25pt; width: 3%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.25pt 0.25pt 1pt; text-align: center; width: 90%"><FONT STYLE="font-size: 10pt"><B>Description</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.25pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0.25pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding: 0.25pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1820872/000110465921152269/apsg-20211221xs4.htm#AnnexC" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">1.</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.25pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.25pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1820872/000110465921152269/apsg-20211221xs4.htm#AnnexC" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Business Combination Agreement, dated as of December 2, 2021, by and between Apollo Strategic Growth Capital and GBT JerseyCo Limited (incorporated by reference to Exhibit 2.1 of APSG&rsquo;s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021).</FONT></A></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding: 0.25pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.25pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.25pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding: 0.25pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1820872/000110465921152269/apsg-20211221xs4.htm#AnnexI" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">2.</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.25pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.25pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1820872/000110465921152269/apsg-20211221xs4.htm#AnnexI" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Form of Exchange Agreement, by and among Global Business Travel Group, Inc., GBT JerseyCo Limited and equityholders of GBT JerseyCo Limited (incorporated by reference to Exhibit 10.7 of APSG&rsquo;s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021).</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding: 0.25pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0.25pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding: 0.25pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1820872/000110465921152269/apsg-20211221xs4.htm#AnnexJ" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">3.</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.25pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.25pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1820872/000110465921152269/apsg-20211221xs4.htm#AnnexJ" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Form of Amended &amp; Restated Registration Rights Agreement entered into by and among Global Business Travel Group, Inc., APSG Sponsor, L.P. and the other parties thereto (incorporated by reference to Exhibit 10.10 of APSG&rsquo;s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021).</FONT></A></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding: 0.25pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0.25pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding: 0.25pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1820872/000110465921152269/apsg-20211221xs4.htm#AnnexD" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">4. </FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.25pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.25pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1820872/000110465921152269/apsg-20211221xs4.htm#AnnexD" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Form of Shareholders Agreement by and among by and among Global Business Travel Group, Inc., GBT JerseyCo Limited, American Express Travel Holdings Netherlands Co&ouml;peratief U.A., Juweel Investors (SPC) Limited and EG Corporate Travel Holdings LLC (incorporated by reference to Exhibit 10.4 of APSG&rsquo;s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021).</FONT></A></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding: 0.25pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.25pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.25pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding: 0.25pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1820872/000110465922047021/tm2135372d11_ex10-26.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">5. </FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.25pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.25pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1820872/000110465922047021/tm2135372d11_ex10-26.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Form of Amended and Restated Trademark License Agreement, dated May 27, 2022, by and between American Express Travel Related Services Company, Inc. and GBT Travel Services UK Limited and, solely for the purposes of specified sections therein, GBT JerseyCo Limited, GBT US LLC, GBT III B.V. and Global Business Travel Group, Inc. (incorporated by reference to Exhibit 10.26 of APSG&rsquo;s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022).</FONT></A></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding: 0.25pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.25pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.25pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding: 0.25pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1820872/000110465921147674/tm2134032d5_ex10-4.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">6.</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.25pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.25pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1820872/000110465921147674/tm2134032d5_ex10-4.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Company Holders Support Agreement, dated as of December 2, 2021, by and among Apollo Strategic Growth Capital and the parties set forth on Schedule I thereto (incorporated by reference to Exhibit 10.4 to Apollo Strategic Growth Capital&rsquo;s Current Report on Form 8-K, filed with the SEC on December 8, 2021).</FONT></A></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>










<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">After reasonable inquiry and to the best of the undersigned&#8217;s
knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dated: June 3, 2022</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.25pt 0.25pt 0.4pt 10pt; font-size: 10pt; text-indent: -10pt; width: 50%"><FONT STYLE="font-size: 10pt">/s/ Kristina V. Fink</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding: 0.25pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Kristina V. Fink</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Corporate Secretary, American Express Company</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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