- American Airlines has co-branded credit card deals with Citi and Barclays because of its 2013 merger with US Airways.
- Co-branded credit card deals bring in billions for airlines and drive profitability.
- The new deal with Citi takes effect in January 2026.
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.
CNBC reported in September that the airline was in talks to pick Citi as its exclusive credit card partner.
This is breaking news. Check back for updates.
Source: Business - cnbc.com
