# International Consolidated Airlines Group extends partnership with American Express

- Link: https://www.directorstalkinterviews.com/international-consolidated-airlines-group-extends-partnership-with-american-express/412845064
- Published: 2020-07-24T07:25:36+01:00
- Author: Amilia Stone

**[International Consolidated Airlines Group plc](https://www.directorstalkinterviews.com/ftse-company/international-consolidated-airlines-group/iag.l)**(
LON:IAG) has announced that it has signed a multi-year renewal extending its worldwide
commercial partnership with American Express.

Under the agreements American Express will make a payment to IAG Loyalty of approximately
£750 million, a significant part of which is a pre-purchase of Avios points that
American Express will utilise in the UK and world-wide for its British Airways co-
branded cards and Membership Rewards Programme.

IAG Loyalty is a subsidiary of International Consolidated Airlines Group that offers
a wide range of services to IAG airlines and business-to-business clients. These
include the Avios reward currency for the British Airways Executive Club, Iberia
Plus, Aer Club and Vueling Club customer programmes and loyalty management tools.

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