The airline-miles business for US carriers has become a high-margin enterprise that's grown in size and value
Mon, Apr 03, 2017 - 5:50 AM
Beyond the cash, carriers reap something else from credit cards: these deals remain lucrative in both good times and bad, as they are immune to economic cycles.
DOES your wallet contain an airline-branded credit card? If so, your daily Starbucks visits, iTunes selections, and dining habits serve a critical role in keeping the US airline industry fat and happy.
For carriers such as American Airlines riding Citigroup Inc plastic, or...