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NOVA Information Systems (NOVA), a wholly owned subsidiary of U.S.
Bancorp (NYSE:USB), today announced that American Airlines (NYSE:AMR)
has entered into a multi-year credit card processing services
agreement for its domestic bankcard business. In addition to
performing all clearing and settlement functions, NOVA will provide a
full range of services, including customer support and chargeback
processing.
"We were impressed with the expertise and professionalism of the
NOVA organization as well as their vision for a global processing
solution," said Marc Sullivan, managing director, Revenue Accounting
and Control, American Airlines. "We are confident that NOVA will
provide excellent service, and we look forward to building a lasting
relationship."
NOVA and euroConex, its European affiliate, currently provide
processing services to 87 airlines worldwide, with more than 40
airlines operating in the United States. NOVA has made significant
investments in technology and resources to enable it to accommodate
the needs of international merchants.
"We are proud that American Airlines, the world's largest airline,
selected NOVA as its processing partner," said Stuart C. Harvey, Jr.,
president, NOVA. "Our experience in serving more than 80 airlines
worldwide translates to an understanding of the unique processing
requirements for the industry."
About American Airlines
American Airlines is the world's largest airline. American,
American Eagle and the AmericanConnection(R) airlines serve 250 cities
in over 40 countries with more than 4,000 daily flights. The combined
network fleet numbers more than 1,000 aircraft. American's
award-winning Web site, AA.com, provides users with easy access to
check and book fares, plus personalized news, information and travel
offers. American Airlines is a founding member of the oneworld(R)
Alliance, which brings together some of the best and biggest names in
the airline business, enabling them to offer their customers more
services and benefits than any airline can provide on its own.
Together, its members serve more than 600 destinations in over 135
countries and territories. American Airlines, Inc. and American Eagle
Airlines, Inc. are subsidiaries of AMR Corporation.
AmericanAirlines, American Eagle, AmericanConnection, AA.com and
AAdvantage are registered trademarks of American Airlines, Inc.
(NYSE:AMR).
About NOVA
NOVA Information Systems, a leader in the payment processing
industry is a wholly owned subsidiary of U.S. Bancorp (NYSE:USB).
Combined, NOVA and its affiliates First Horizon Merchant Services,
euroConex and Elan provide global merchant processing services to
financial institutions and clients in the United States, Canada, and
Europe. NOVA offers integrated payment processing services to more
than 1,000,000 merchants worldwide. For more information, visit
www.novainfo.com.
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