American Airlines, Citi, Barclaycard US, and MasterCard Announce New Credit Card Agreements
July 12 2016 - 7:00AM
American Airlines (NASDAQ:AAL) and its partners in the
AAdvantage® credit card program announced new agreements today to
extend their relationships and continue providing AAdvantage® miles
and other benefits to customers.
American has entered into new agreements with both
Citi and Barclaycard US. The agreements will allow Citi to continue
offering its lineup of cards to new customers through multiple
exclusive channels such as digital – including aa.com – mobile,
direct mail, and Admirals Club lounges.
The agreements will also allow Barclaycard US, the
payments business of Barclays in the United States, to offer its
cards to new customers in airports and exclusively during flights
beginning in January 2017.
Current cardholders will continue to see the same
great benefits from both Citi and Barclaycard US as well as benefit
from a new, long-term exclusive agreement with MasterCard.
“These long-term relationships with our innovative
credit card partners provide our customers with the best ways to
enhance their travel experience. From earning miles to boarding
early and checking a bag for free, our customers tell us how much
they value their AAdvantage®-affiliated cards,” said Andrew
Nocella, chief marketing officer for American Airlines. “Our new
dual-issuer arrangement is the first of its kind in the U.S.
airline industry, and was enabled by the progressive partnership
with Citi, Barclaycard US and MasterCard.”
“We are delighted to announce a multi-year
extension of our nearly three-decade long partnership with American
Airlines,” said Ralph Andretta, Head of U.S. Branded Cards, Citi.
“This renewal reinforces our strong commitment to delivering
exceptional value, benefits and service to our mutual customers
today and for years to come.”
“We are thrilled to extend and expand upon our
strategic partnership with American Airlines,” said Denny Nealon,
Head of Partnerships, Barclaycard US. “We are proud to continue to
help American Airlines grow its business and drive even greater
loyalty and engagement with its customers. Together, we will offer
consumers and American Airlines enthusiasts richly rewarding
benefits, easy and convenient ways to earn their next award flight,
and fantastic service.”
"We have enjoyed a long and successful partnership
with American Airlines and the award-winning AAdvantage program and
we are pleased to extend our relationship as the exclusive payment
network for many years to come," said Craig Vosburg, president
North America, MasterCard. "We look forward to working with our
bank partners – Citi and Barclaycard – to deliver seamless, safe
and secure payments services through our global network, product
innovations, and many Priceless experiences.”
About American Airlines
GroupAmerican Airlines and American Eagle offer an average
of nearly 6,700 flights per day to nearly 350 destinations in more
than 50 countries. American has hubs in Charlotte, Chicago,
Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia,
Phoenix, and Washington, D.C. American is a founding member of
the oneworld® alliance, whose members serve
more than 1,000 destinations with about 14,250 daily flights to
over 150 countries. Shares of American Airlines Group Inc. trade on
Nasdaq under the ticker symbol AAL. In 2015, its stock joined the
S&P 500 index. Connect with American on Twitter @AmericanAir
and at Facebook.com/AmericanAirlines.
About Barclaycard US
Barclaycard is part of Barclays, a transatlantic consumer,
corporate and investment bank that moves, lends, invests and
protects money for customers and clients worldwide. Headquartered
in Wilmington, Del., Barclaycard US is one of the fastest growing
top-10 credit card issuers in the nation. The company creates
customized, co-branded credit card programs for some of the
country's most successful travel, entertainment, retail, affinity
and financial institutions. The business also issues its own
Barclaycard branded credit cards and offers high-yield online
savings accounts and CDs. For more information on Barclaycard
please visit BarclaycardUS.com.
About CitiCiti, the leading global
bank, has approximately 200 million customer accounts and does
business in more than 160 countries and jurisdictions. Citi
provides consumers, corporations, governments and institutions with
a broad range of financial products and services, including
consumer banking and credit, corporate and investment banking,
securities brokerage, transaction services, and wealth
management.
Additional information may be found at
www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi
| Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi
| LinkedIn: www.linkedin.com/company/citi
About
MasterCardMasterCard, is a technology company in the
global payments industry. We operate the world’s fastest
payments processing network, connecting consumers, financial
institutions, merchants, governments and businesses in more than
210 countries and territories. MasterCard products and solutions
make everyday commerce activities – such as shopping, traveling,
running a business and managing finances – easier, more secure and
more efficient for everyone. Follow us on
Twitter @MasterCardNews, join the
discussion on the Beyond the Transaction
Blog and subscribe for the latest news on
the Engagement Bureau.
American Airlines Corporate Communications
817-967-1577
mediarelations@aa.com
Barclaycard US
Matt Fields
302-255-7807
Mfields@barclaycardus.com
Citi
Liz Fogarty
212-559-0486
MasterCard
Jim Issokson
914-249-6286
james_issokson@mastercard.com
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