Popular legacy airline captures premium spend because of American Express perks
United Airlines just posted a quarter that shows how much money follows loyalty. And a big piece of that story runs through American Express, even though Amex doesn't co-brand a credit card with United (UAL) at all. United's MileagePlus card is issued exclusively by Chase, which…
United Airlines just posted a quarter that shows how much money follows loyalty. And a big piece of that story runs through American Express, even though Amex doesn't co-brand a credit card with United (UAL) at all. United's MileagePlus card is issued exclusively by Chase, which…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine market development reflecting customer loyalty dynamics between a major airline and credit card perks, with no direct impact on credit markets or underwriting standards.
Sources
TheStreet
Popular legacy airline captures premium spend because of American Express perks
United Airlines just posted a quarter that shows how much money follows loyalty. And a big piece of that story runs through American Express, even though Amex doesn't co-brand a credit card with United (UAL) at all. United's MileagePlus card is issued exclusively by Chase, which…