Coast Air Addresses Corporate Traveler Needs; Becomes UATP Merchant
03 Mai 2005 - 7:34PM
PR Newswire (US)
Coast Air Addresses Corporate Traveler Needs; Becomes UATP Merchant
WASHINGTON, May 3 /PRNewswire/ -- Coast Air picks UATP, the global
corporate travel payment network to meet the needs of its corporate
travelers. Coast Air's UATP Merchant status became effective 2
April 2005. (Logo:
http://www.newscom.com/cgi-bin/prnh/20040318/UATPLOGO ) "Joining
UATP is a natural step in our efforts to better accommodate the
business traveler," says CFO, Andre Kidess. "We launched a
turn-around project in 2004, including a new corporate profile as
well as new ticket concepts to match different needs. We are
currently looking into ticketless systems and being a UATP merchant
fits very well into the strategy of being an operator that competes
with the major airlines on niche routes." Coast Air will also
utilize UATP Settlement Services (USS), a low-cost, weekly
settlement system that matches fees and air tickets electronically,
allowing for easy reconciliation of accounts for non-clearing house
transactions. While all UATP accounts will be accepted,
Scandinavian Airlines System and AirPlus, which operates British
Airways and Lufthansa's UATP programs, are popular in this market.
"Customer demand continues to be a leading factor in UATP growth,"
said president and CEO, Ralph Kaiser. "Corporate travelers are
seeing the benefits of paying lower credit card costs and not
paying foreign exchange fees. Smart airlines like Coast Air are
listening to their customers and building UATP into a successful
corporate business travel strategy." Coast Air's turn-around
project, begun in 2004, also included new aircraft, to a total
fleet of seven aircraft and opened new domestic routes, to a total
of nine scenic destinations in Norway: Haugesund, Oslo, Trondheim,
Fagernes, Bergen, Kristiansund, Sandefjord, Stord and Skien. Visit
uatp.com or http://www.coastair.no/ for more information. About
UATP UATP accounts are accepted as a form of payment for corporate
business travel by more than 200 airlines worldwide. UATP accounts
are issued by these airlines: Aer Lingus, Air New Zealand,
Alitalia, American Airlines (NYSE:AMR), Austrian Airlines,
Continental Airlines (NYSE:CAL), Delta Air Lines (NYSE:DAL), Japan
Airlines (NasdaqOTC: JALSY), Qantas Airways, Ltd., Scandinavian
Airlines System, United Airlines (OTC:UALAQ) (BULLETIN BOARD:
UALAQ) , US Airways (OTC:UAIRQ.OB) (BULLETIN BOARD: UAIRQ.OB) , and
VARIG Brazilian Airlines. AirPlus International issues the
UATP-based Company Account for: British Airways (NYSE:BAB),
Lufthansa German Airlines, Northwest Airlines (NASDAQ:NWAC),
Continental Airlines (NYSE:CAL). CONTACT: Wendy L. Ward of UATP,
+1-202-626-4077, .
http://www.newscom.com/cgi-bin/prnh/20040318/UATPLOGO
http://photoarchive.ap.org/ DATASOURCE: UATP CONTACT: Wendy L. Ward
of UATP, +1-202-626-4077, Web site: http://www.uatp.com/
http://www.coastair.no/
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