American Airlines has inked a long-awaited credit card deal with Citigroup, dropping its other partner, Barclays. The airline said Wednesday that it expects payments it receives from its co-branded credit card and other partners to grow 10% a year. In the 12 months through Sept. 30, American brought in $5.6 billion from these deals.

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American Airlines Partners With Citi, Issues Strong Profit Outlook - Citigroup (NYSE:C), American Airlines Gr (NASDAQ:AAL)

American Airlines had been in talks for months for a new credit card deal with Citi.

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American Airlines chooses Citi as sole credit card partner, drops Barclays

American Airlines Group, Inc. (NASDAQ:AAL) shares are trading higher on Thursday after reporting the fourth quarter and full-year outlook. In an exchange filing, American Airlines said it expects fourth-quarter TRASM to be flat to up 1%, better than the previous forecast of a 1% to 3% decline. CASM-Ex is projected to rise 5% to 6%, slightly higher than the prior guidance of 4% to 6%, due in part to a higher accrual for profit sharing driven by h…

American Airlines has dropped Barclays and made Citi its exclusive credit card provider for a program expected to reach $10 billion in revenue in the coming years.

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American Airlines picks sole partner for $5.6B credit card program

American Airlines CEO Robert Isom cited supply chain disruptions and weather threats as the biggest problems the airline faces as he looks ahead to 2025.

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American Airlines CEO Sees Suppliers And Storms As Biggest 2025 Problems

The airline said Barclays card members will experience the same benefits as they currently do, however, more specific details will be released soon.

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22:00 New York turned red. Clothing retailer American Eagle disappointed. Discounter Five Below scored better than expected, while Kroger received applause for excellent quarterly figures. America...

22:00 New York kleurde rood. De kledingverkoper American Eagle stelde teleur. De discounter Five Below scoorde dan weer beter dan verwacht, terwijl Kroger applaus oogstte voor prima kwartaalcijfers. America...

Wall Street: American Airlines stijgt vlot op

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Wall Street: American Airlines Takes Off Strongly

American Airlines (AAL) has picked Citi (C) exclusive co-branded credit card partner, ending its decade-long partnership with Barclays (BCS).Read more...

Quartz

American Airlines just ditched Barclays for Citi

American Airlines has inked a long-awaited credit card deal with Citigroup, dropping its other partner, Barclays.
The airline said Thursday that it expects payments it receives from its co-branded credit card and other partners to grow 10% a year. In the 12 months through Sept. 30, American…

Upstract

Citi will become the exclusive issuer of the American Airlines co-branded card portfolio, AAdvantage, in 2026, having reached an agreement to acquire the Barclays American Airlines Co-branded Card portfolio. Citi and American Airlines, which have had a co-branded partnership for more than 37 years, have also extended that partnership for another 10 years, the companies said in a Thursday (Dec. 5) press release. The bank will begin transitioning …

PYMNTS.com

Citi to Become Exclusive Issuer of American Airlines Co-Branded Cards

Skift Take: The new deal ends months of negotiations and is part of American’s ambitions to increase engagement with its loyalty program.   -Meghna MaharishiRead the Complete Story On Skift

American Airlines chooses Citi as sole credit card partner, drops Barclays

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