Market Overview

UATP and APG Announce the Launch of a New Issuer Program

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MONACO and WASHINGTON, Nov. 2, 2017 /PRNewswire/ -- APG WorldConnect -- APG, the leading network of commercial and distribution services for airlines, and UATP, the low-cost payment network owned and operated by the world's airlines, announced today that APG Airlines is officially launching its UATP Issuer program. 

UATP is a global payment solution owned and operated by the world's airlines and accepted by thousands of merchants for air, rail and travel agency payments. UATP connects airlines to Alternative Forms of Payment which can expand reach and generate incremental sales globally. UATP offers easy-to-use data tools, DataStream(SM) and DataMine(SM), which provide comprehensive account details to Issuers and Corporate Subscribers for accurate travel management. UATP is accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies and Amtrak; UATP accounts are issued by: Aeromexico, APG Airlines, Air Canada, Air New Zealand, Air Niugini, American Airlines, Austrian Airlines, China Eastern Airlines, Delta Air Lines, EL AL Israel Airlines, Etihad Airways, Frontier Airlines, GOL Linhas aereas inteligentes S.A., Hahn Air; Japan Airlines, Malaysia Airlines, Qantas Airways, Shandong Airlines, Transavia Airlines, TUIfly GmbH, Turkish Airline, United Airlines, and WestJet. AirPlus International issues the UATP-based Company Account for: British Airways and Lufthansa German Airlines. (PRNewsFoto/Universal Air Travel Plan, Inc.)

Sandrine de Saint Sauveur, President of APG INC, stated, "Payments are an essential part of airline distribution and we are delighted to work with UATP, a payment network most suited for the airline industry. Our objective is to provide a white-label UATP Issuer platform to airlines who are seeking a payment solution to develop their sales on corporate customers. Our philosophy has always been to offer a wide scope of global commercial and distribution services at a variable cost; commercializing a UATP platform is the next logical step for us."

"We are excited to add APG Airlines to the UATP Network and to support its Issuer program.  APG is a strategic player within the industry, offering flights through numerous airline partners," said Ralph Kaiser, President and CEO, UATP. "It was the obvious choice to work with them on their white-label solution to strengthen their airlines' corporate travel market share.  Corporate travel is once again booming across the globe with spending reaching $1.3 trillion in 2016 and forecasted to advance by 6% next year."

APG Airlines is one of the most recent airlines to become a UATP Issuer and holds a seat on the UATP Board of Directors. The partnership was developed for small and mid-sized carriers looking to grow corporate sales in developing countries.

For more information, visit http://UATP.COM or http://apg-ga.com/

ABOUT UATP

UATP is a global payment solution owned and operated by the world's airlines and accepted by thousands of merchants for air, rail and travel agency payments. UATP connects airlines to Alternative Forms of Payment which can expand reach and generate incremental sales globally. UATP offers easy-to-use data tools, DataStream℠ and DataMine℠, which provide comprehensive account details to Issuers and Corporate Subscribers for accurate travel management.

Accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies and Amtrak®; UATP accounts are issued by: Aeromexico; Air Canada (TSE:AC) Air New Zealand (ANZFF.PK); Air Niugini; American Airlines (NASDAQ: AAL); APG Airlines; Austrian Airlines; China Eastern Airlines (NYSE: CEA); Delta Air Lines (NYSE: DAL); EL AL Israel Airlines; Etihad Airways; Frontier Airlines; GOL Linhas aereas inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4); Hahn Air; Japan Airlines (9201:JP); JetBlue Airways; Malaysia Airlines; Qantas Airways (QUBSF.PK); Shandong Airlines;  Sichuan Airlines; Southwest Airlines; Transavia Airlines; TUIfly GmbH; Turkish Airlines (ISE:THYAO); United Airlines (NYSE: UAL) and WestJet.

AirPlus International issues the UATP-based Company Account for Lufthansa German Airlines.

About APG

The APG Network is the world's leading Network for Airline distribution and financial services with 110 APG active members and service partners. We are present in 170 countries and have commercial relationships with 200 airlines. The APG Network aims to maximize revenue opportunities for airlines across the globe.

Contact:

UATP Corporate Communications
Wendy Ward: wward@uatp.com /+1 202 774- 5017

APG Network
Thibault Lenoir: t.lenoir@apg-ga.com /+33 1 53 77 13 36

View original content with multimedia:http://www.prnewswire.com/news-releases/uatp-and-apg-announce-the-launch-of-a-new-issuer-program-300546461.html

SOURCE UATP

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