AirPlus International Reports Successful 2004 Growth; 14 Percent Charge Volume Increase, Total Cards in Market Up 4 Percent.WASHINGTON -- AirPlus International, a leading travel payment solutions provider, today reports a 14 percent volume increase in 2004, a $12.9 billion record high for the company. AirPlus also saw a 4 percent increase in total cards in the global market, bringing the number of cards processed to 850,000. Operating in 26 countries, AirPlus reports a total of 29,000 corporate clients for 2004. With offices and key partners around the world, the company has a global advantage in offering corporate customers tailor-made multinational solutions. "The ability to customize the AirPlus suit of corporate travel payment tools on a multi-national scale is a leading factor in the company's continued success," said Richard Crum, 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. , AirPlus International, Inc. "With AirPlus' tailor-made travel payment solutions, management information tools and billing structure, corporate customers have a maximum degree of expense transparency as well as cost management accuracy, saving them time and money." AirPlus also attributes its 2004 success to its expanding partner network. The company's airline partner network grew in late 2004 with the addition of Northwest Airlines. Partnerships with SAP and ORACLE are being enhanced as AirPlus continues to develop the options available to its corporate clients through the technical integration of corporate travel statements into financial accounting and controlling structures. Additionally, the MS-certified accounting software Navision will be adapted to meet the individual requirements of AirPlus corporate customers. "We are well-positioned to attain our long-term objective to become the market leader in Europe by 2008," said AirPlus International Managing Director Patrick W. Diemer. "With these results, it is clear that growth in the international markets will continue in the coming year as we plan to increase our presence in Eastern European countries and in Asia." AirPlus International is a global leader in business travel payment solutions, offering central payment accounts, corporate cards and online management information tools. AirPlus is the preferred payment partner of Continental Airlines (NYSE NYSE See: New York Stock Exchange :CAL), Northwest Airlines (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : NWAC NWAC Northwest Airlines (stock symbol) NWAC Northwest Weather and Avalanche Center (NOAA) NWAC Native Women's Association of Canada (Ottawa, ON, Canada) ), 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 Portugal. |
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