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AirPlus Adds MasterCard to Expand Corporate Product Range; AirPlus Is Serious About Bringing a Proven Global Travel Payment Solution to U.S. Market.


WASHINGTON -- AirPlus International, a leading international supplier of corporate travel payment solutions, announces today the availability of its latest product for the U.S. market - the AirPlus Corporate Card.

With the addition of the AirPlus Corporate Card, AirPlus can now provide corporations with a complete global travel payment solution. AirPlus already provides, through its UATP-based AirPlus Company Account, a highly sophisticated airfare air·fare  
n.
Fare for travel by aircraft.

Noun 1. airfare - the fare charged for traveling by airplane
fare, transportation - the sum charged for riding in a public conveyance
 purchasing product. The new corporate card completes the offer; making it possible for companies to manage all corporate travel purchasing through a single provider worldwide.

"The addition of a corporate card to our product portfolio will be a big boost to our expansion into the U.S." said AirPlus International President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Richard Crum. "AirPlus is already the market leader in Europe with more than a 30% market share and we're dedicated to growing our position in the U.S."

AirPlus solutions are tailor-made to enable companies to better analyze and control their travel spending. The AirPlus Company Account provides detailed and accurate data including company, traveler and trip-specific information. All data generated through the use of an AirPlus payment product, including the new AirPlus Corporate Card, is available to the company anytime online via the web-based AirPlus Information Manager. With AirPlus Information Manager, corporate travel managers are able to analyze and generate comprehensive reports on their travel programs at any time.

The AirPlus Corporate Card will be a MasterCard issued under a partnership with GE Corporate Payment Solutions, the corporate card unit of GE Consumer Finance, which develops and markets corporate bank cards and e-settlement tools designed for small-, medium- and large-sized companies and organizations. Cards are issued by GE Capital Financial Inc.

AirPlus International Inc. is the U.S. subsidiary of the European European

emanating from or pertaining to Europe.


European bat lyssavirus
see lyssavirus.

European beech tree
fagussylvaticus.

European blastomycosis
see cryptococcosis.
 market leader in corporate travel payment systems and management information reporting solutions. AirPlus is the preferred payment partner of Continental Airlines (NYSE NYSE

See: New York Stock Exchange
:CAL), British Airways British Airways
 in full British Airways PLC

International passenger airline based in London. In 1936 British Airways Ltd. was founded through the merger of three smaller airlines.
 (NYSE:BAB), Lufthansa German Airlines, Austrian Airlines Austrian Airlines AG is the flag carrier airline of Austria, headquartered in Vienna. It operates scheduled sevices to over 130 destinations. Its main base is Vienna International Airport, with a hub at Innsbruck Airport.[1] In 2006 Austrian had 10 million passengers. , Swiss International Air Lines Swiss International Air Lines (short: Swiss) is the principal airline of Switzerland operating scheduled services in Europe and to North America, South America, Africa and Asia. Its main hub is Zurich Kloten Airport (ZRH).  and TAP Air Portugal.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 13, 2004
Words:328
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