AmEx gets into the airport lounge business

After its members got bounced from United Airlines' and American Airlines' airport lounges, American Express (AXP +1.2%) is opening their own and trying to one-up the airline clubs with even nicer amenities.

The booting of AmEx's top members comes amid the merger of United/Continental and American/US Airways, with both moving to give exclusive access to their main credit-card partner, Chase.

Growing in splendor across the globe, the clubs won't cover their costs, but AmEx sees them as another selling point for their cards.

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Comments (5)
  • sandyseeworld
    , contributor
    Comments (35) | Send Message
    How about American Express starting their own airline too?
    6 Mar 2014, 11:23 AM Reply Like
  • Dirty Capitalist
    , contributor
    Comments (187) | Send Message
    I thought American/US Air was going to Citi, not Chase. No???
    6 Mar 2014, 11:52 AM Reply Like
  • The Average Investor
    , contributor
    Comments (102) | Send Message
    Great idea. Create lounges in EWR, ORD, IAH, DCA and other large airports. Entry based on AXP membership. Serve food and drinks. Showers, newspapers & Wifi. I'll sign-up.
    6 Mar 2014, 12:35 PM Reply Like
  • The Average Investor
    , contributor
    Comments (102) | Send Message
    6 Mar 2014, 12:35 PM Reply Like
  • tcgcompliance
    , contributor
    Comments (24) | Send Message
    This is a great idea, we love American Express and were very sorry to see our Virgin cards moved to Mastercard this year.
    6 Mar 2014, 01:47 PM Reply Like
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