Added a record 8.5 million new SkyMiles Members in 2022 and a record 1.2 million new Delta American Express cardholders. FY 2022 Passenger Revenue Loyalty Travel Awards reached at $2.9bn …
Article News Category: Financial results / Traffic results/ M&A
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Spirit announced that it intends to raise $600 million in loyalty program-backed debt. The private placement will be secured by the assets and intellectual property of the Miramar, Florida-based carrier’s …
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Aimia has entered into a binding letter of intent with Aeromexico to divest its stake in PLM loyalty program for net proceeds, including an earn-out, of up to $517 million …
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American Airlines announces upsize of AAdvantage financing to $10.0 Billion & pricing of senior secured notes
by GLOby GLOAn aggregate of $3.5 bn in principal amount of 5.50% senior secured notes due 2026 and an aggregate of $3.0 bn in principal amount of 5.75% senior secured notes due 2029 (collectively, the “Notes”) …
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