UBS has raised its price target for American Airlines to $19, citing the exclusive partnership with Citi for AAdvantage credit cards starting in 2026 as a key driver for loyalty growth and improved financial stability. The airline's EPS forecast for December has also been increased, reflecting positive momentum in the industry. Analysts express optimism about the potential for enhanced profitability, despite caution regarding high debt levels and new distribution costs.
Southwest Airlines and American Airlines have raised their fourth-quarter forecasts due to strong demand and higher fares, leading to a surge in their stock prices. Southwest anticipates a unit revenue increase of 5.5% to 7%, while American expects a revenue rise of up to 1% compared to last year. Additionally, American has appointed Citi as its sole credit-card provider, replacing Barclays.
American Airlines has finalized a credit card partnership with Citigroup, ending its relationship with Barclays. The airline anticipates a 10% annual growth in payments from co-branded credit card deals, which generated $5.6 billion in the past year. Transitioning of Barclays cardholders to Citi will begin in 2026, with Citi also managing credit card promotions.
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