American Air Has Two New Very Profitable Credit Card Loyalty Deals
Photo Credit: For airlines, credit card partnerships are lucrative. On Tuesday, American announced two new deals with Barclays and Citibank. American Airlines / American Airlines
Skift Take
Despite the radical changes to airline loyalty programs, the branded credit card remains one of the industry's most profitable and productive marketing programs.
American Airlines should finally at least match its two main competitors in credit card revenue, announcing Tuesday it has reached deals with Citibank and Barclays that likely will produce more than $1.5 billion in pre-tax revenue during the next two and a half years.
Credit card deals remain highly lucrative for airlines, and American was the only one of the big three U.S. global network carriers that had not finalized a massive new one after its merger, p
