American Airlines chooses Citi as sole credit card partner, drops Barclays
Publishing timestamp: 2024-12-05 13:12:54
Summary
American Airlines drops Barclays as credit card partner, remains with Citi. Co-branded credit card deals bring in billions for airlines. American expects payments to grow 10% with new deal. Delta outearned American in co-branded credit card program. American shares up more than 6% after announcement.
Sentiment: POSITIVE
Keywords: travel, business news, breaking news: business, aerospace and defense industry, breaking news: markets, life, airlines, citi trends inc, economy, barclays plc, american airlines group inc, citigroup inc, markets, american express co, banks, breaking news: economy, delta air lines inc, business, transportation, credit cards,