AmEx gets into the airport lounge business

|By:, SA News Editor

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.