American Airline Partners Exclusively With Citi, Replaces Barclays As Card Partner

Benzinga

American Airlines has finalized an exclusive co-branded credit card agreement with Citigroup, phasing out its partnership with Barclays. Payments from these partnerships are expected to grow 10% annually. In the 12 months through September 30th, American Airlines earned over $5 billion from these deals. Barclays cardholders will transition to Citi starting in 2026, with Citi assuming sign-up promotions at airports and on flights. American shares rose over 6% in premarket trading following the announcement and an improved Q4 revenue forecast.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02American Airlines has finalized an exclusive co-branding credit card agreement with Citigroup,

00:07phasing out its partnership with Barclays.

00:10Payments from these partnerships are expected to grow 10% annually.

00:14In the 12-month through September 30th,

00:16American Airlines earned over $5 billion from these deals.

00:19Barclay cardholders will transition to Citi starting in 2026,

00:23with Citi assuming sign-up promotions at airports on flights.

00:27American shares rose over 6% in pre-market trading following the announcement

00:31and an improved fourth quarter revenue forecast.

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