UATP Continues Expansion with Merchant Shenzhen Airlines
WASHINGTON, Dec. 16 /PRNewswire-AsiaNet/ --
UATP continues its expansion in China, adding Shenzhen Airlines as a Merchant
to the UATP Network. To meet customer demand and increase the airlines' revenue,
Shenzhen chose UATP as a form of payment.
"Business travel within China continues to grow despite the state of the
economy," says Mr. Li Kun, President of Shenzhen Airlines. "Meeting customer
demand for UATP acceptance convinced us to become a UATP merchant. This is in
line with our strategic goals of growing Shenzhen’s corporate market share and of
good value through UATP’s unique and low-cost network and global presence."
Privately-owned Shenzhen Airlines operates with the mission of becoming one
of the worlds most welcome and valuable airlines with a pioneering vision to
present Shenzhen’s targets and responsibilities to the public, and to advance
China’s aviation industry. Shenzhen’s strategic growth plans include growing its
corporate market share; in the credibility and cooperation principle, UATP will
enhance Shenzhen’s strategic plan through helping the airline lower distribution
costs with low merchant service fees and by providing high-quality reporting,
mainly to business travelers. UATP also provides a global network available for
all corporate travelers.
"UATP was the first charge card that was available for domestic purchases
within China," said President and CEO Ralph Kaiser, UATP. "UATP is continuing
its expansion within China by adding new merchants to the network and being able
to offer corporations their preferred form of payment. Shenzhen Airlines has
been extremely successful to date as a UATP Merchant and continues to grow its
corporate market share."
Shenzhen continues to be one of the most successful carriers in China, with
fourteen consecutive profitable years and generating profits, up 76.8% over the
previous year. Innovation originating in study, Shenzhen Airlines is one of the
most honored airlines, including being awarded 2008 China’s 500 Most Valuable
Brands Award, and ranked in the top three in the China aviation industry.
UATP is the low cost payment network privately owned by the world's airlines.
About UATP
UATP accounts are accepted as a form of payment for corporate business travel
by airlines and travel agencies worldwide. UATP accounts are issued by: Aer
Lingus, Air New Zealand, American Airlines (NYSE: AMR), Austrian Airlines,
Continental Airlines (NYSE: CAL), Delta Air Lines (NYSE: DAL), Japan Airlines
(Nasdaq OTC: JALSY), Northwest Airlines (NYSE: NWA), Qantas Airways, Ltd., United
Airlines (Nasdaq: UAUA), and US Airways (NYSE: LCC). AirPlus International issues
the UATP-based Company Account for: British Airways
(NYSE: BAIRY.PK), Continental Airlines (NYSE: CAL), and Lufthansa German
Airlines.
Contact:
UATP Corporate Communications
Wendy Ward, wward@uatp.com
+1 202 626 4077
SOURCE: UATP
CONTACT: Wendy Ward, of UATP Corporate Communications
+1-202-626-4077
wward@uatp.com
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