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The $6 Billion Power Shift: How Banks Took Over Airline Loyalty – And Airport Luxury

Oct 22 2025

Airlines built loyalty programs that once defined premium travel. Now banks control the game. Their credit-card empires generate billions, fund airport lounges that outshine airlines’, and shape where travelers choose to fly. This $6 billion power shift is rewriting who really owns the premium traveler—and the future of airline loyalty.

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