American Express (AXP) Inks Deal With Delta Private Jets
Zacks Investment Research | Aug 31, 2016 10:52PM ET
The American Express Company (NYSE:AXP) or Amex recently announced that it has teamed up with Delta Private Jets to form a new solution named “Premium Private Jet Program.” The program is aimed at providing customized travel benefits to selected card members.
Under this program, Platinum cardholders of Amex would be eligible to avail the Delta Private Jets Card Membership at a reduced price along with other advantages of convenience.
Amex takes utmost care of the its customers who like to travel. To this end, it provides customers access to products, insights and experiences to add value and make business successful. Apart from this, it also focuses on the convenience of the service provided.
On the other hand, Delta Private Jets remains focused on enhancing customer value by serving them in the best way possible before, during and after the flight. The aforesaid deal will help the company better serve Amex customers with the new Premium Private Jet Program.
Notably, the new alliance between Delta Private Jets and Amex is an extension of the already existing credit card partnership of Delta Airlines (NYSE:DAL). The companies have a long-standing relationship as Amex has been providing its customers with multiple cobranded credit cards with Delta to give them the access of more air miles and other advantages.
The company’s partnership with Delta Airlines is prized since the promise of free trips and other benefits can lure customers to use its cards more often.
Amrican Express presently carries a Zacks Rank 3 (Hold)
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