American Airlines in talks to pick Citigroup over rival bank Barclays ...
WEBAmerican Airlines is in talks to make Citigroup its exclusive credit card partner, dropping rival issuer Barclays from a partnership that dates back to the airline's 2013 takeover of US Airways ...
American Airlines eyes exclusive credit card deal with Citigroup …
WEB1 day ago · American Airlines’ partnership with both Citigroup and Barclays has been an anomaly in the credit card industry, where most companies prefer working with a single issuer. Since the 2013 merger ...
American Airlines in Talks With Citigroup For Exclusive Credit …
WEB1 day ago · Sep 20, 2024 6:45am. --American Airlines is in talks to make Citigroup its exclusive credit card partner, dropping rival issuer Barclays, according to people with knowledge of the negotiations ...
Is American Considering a Split from Barclays? - FlyerTalk
WEB1 day ago · CNBC reports the airlines is “in talks” with Citi to move all their credit card business to the bank, dropping Barclays despite being a long-standing partner.. Credit Card Talks Come After $5.2 Billion in Earnings in 2023. When US Airways merged with American Airlines in 2013, they brought over their previously existing partnership with Barclays for their credit card business.
American Airlines looking to consolidate branded credit cards
WEBCitigroup can market its American Airlines-branded credit cards online, through direct mail, and at American airport lounges, while Barclays is limited to in-flight and airport solicitations for ...
American Airlines Reportedly Eyes Citigroup for Exclusive Credit …
WEB1 day ago · American Airlines is in discussions to name Citigroup as its exclusive credit card partner, a move that could end a decade-long partnership with Barclays, according to CNBC.The negotiations come as the airline seeks to consolidate its co-branded credit card business to enhance the profitability of its loyalty program, a …
Citi Wants Exclusive American Airlines Credit Card Deal
WEB1 day ago · Bottom line. American and Citi are reportedly in negotiations over the possibility of an exclusive credit card deal. Currently American partners with both Citi and Barclays. Citi wants to grow in this sector, and presumably thinks there’s more money to be made (plus synergies) if Barclays is no longer in the picture.
Citi Moves to Oust Barclays From American Airlines Cards: What ...
WEB1 day ago · Barclays just isn't big enough to bid effectively for the whole American AAdvantage card portfolio. Citibank had the chance to take the whole thing, and also to offer points transfers to AAdvantage as part of its ThankYou-brand card product suite. But they balked at the price. Ultimately American got the biggest deal possible by leaving two card issuers in place. That could change.
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Barclays Releases a Sell Rating on American Airlines (AAL)
WEB1 day ago · Sep. 20, 2024, 02:36 AM. In a report released today, Brandon Oglenski from Barclays assigned a Sell rating to American Airlines (AAL – Research Report), with a price target of $10.00. The ...