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Aeroméxico Rewards
Aeroméxico Rewards is the frequent flyer program focused on travelers from Mexico, belonging to Grupo Aeroméxico. History of ownership structure In September 2010, AIMIA, formerly Groupe Aeroplan, acquired approximately 29% of Aeroméxico Rewards, formerly known as Club Premier for US$35 million. Aeroméxico Rewards became independent from Aeroméxico. To do this, Grupo Aeroméxico and Groupe Aeroplan created Premier Loyalty & Marketing, S.A.P.I. de C.V. ("PLM") company to operate Club Premier, now Aeroméxico Rewards In December 2012, Groupe Aeroplan invested another US$88 million to acquire 20% more of PLM, AIMIA controlled 49% of PLM and Aeroméxico 51%. In September 2022, Grupo Aeroméxico bought 49% for PLM. After 10 years the program returned to GAM. In April 2023, Grupo Aeroméxico made a transformation changing the brand's name to Aeroméxico Rewards. Members Aeroméxico Rewards has more than 7.5 million members. The Members can earn points with Aeroméxico, SkyTeam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Copa Airlines
Compañía Panameña de Aviación, S.A., branded as Copa Airlines, is the flag carrier of Panama. It is headquartered in Panama City, Panama, with its main hub at Tocumen International Airport. Copa is a subsidiary of Copa Holdings and a member of the Star Alliance. The airline is owned by Copa Holdings, which also owns Colombian airline AeroRepública, which operates under the brands Wingo (airline), Wingo and Copa Airlines Colombia. Copa was founded in 1947 and it began domestic operations to three cities in Panama shortly afterwards. The airline abandoned its domestic operations in 1980, in favor of international flights. In 1998, Copa formed a partnership with Continental Airlines, adopting a similar brand image. History Inauguration On June 21, 1944, Panamanian investors joined forces with Pan American World Airways (Pan Am) to launch , soon known simply by its acronym, Copa. Pan Am took a 32% stake in the company. Operations started on August 15, 1947, with three Doug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customer Loyalty Programs
In sales, commerce, and economics, a customer (sometimes known as a client, buyer, or purchaser) is the recipient of a good, service, product, or an idea, obtained from a seller, vendor, or supplier via a financial transaction or an exchange for money or some other valuable consideration. Etymology and terminology Early societies relied on a gift economy based on favours. Later, as commerce developed, less permanent human relations were formed, depending more on transitory needs rather than enduring social desires. Customers are generally said to be the purchasers of goods and services, while clients are those who receive personalized advice and solutions. Although such distinctions have no contemporary semantic weight, agencies such as law firms, film studios, and health care providers tend to prefer '' client'', while grocery stores, bank A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Santander (Mexico)
Banco Santander S.A. trading as Santander Group ( , , ), is a Spanish multinational financial services company based in Santander, with operative offices in Madrid. Additionally, Santander maintains a presence in most global financial centres as the 14th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia. It is considered a systemically important bank by the Financial Stability Board. Many subsidiaries, such as Abbey National, have been rebranded under the Santander name. The company is a component of the Euro Stoxx 50 stock market index. In June 2023, Santander was ranked as 49th in the Forbes Global 2000 list of the world's biggest public companies. Banco Santander is chaired by Ana Patricia Botín-Sanz de Sautuola O'Shea, daughter and granddaughter of former chairmen Emilio Botin-Sanz de Sautuola y García de los Ríos and Emili ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Express
American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment card industry, payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan. Amex is the fourth-largest card network globally based on purchase volume, behind China UnionPay, Visa Inc., Visa, and Mastercard. 141.2 million Amex cards were in force worldwide as of December 31, 2023, with an average annual spend per card member of US$24,059. That year, Amex handled over $1.7 trillion in purchase volume on its network. Amex is list of largest banks in the United States, the 16th largest US bank, with a total of US$270 billion in assets or 1.1% of all assets insured by the Federal Deposit Insurance Corporation, FDIC. It is ranked 77th on the Fortune 500, ''Fortune'' 500 and 28th on the list of the most valuable brands by ''Forbes''. In 2023, it was ra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cadillac
Cadillac Motor Car Division, or simply Cadillac (), is the luxury vehicle division (business), division of the American automobile manufacturer General Motors (GM). Its major markets are the United States, Canada and China; Cadillac models are distributed in 34 additional markets worldwide. Historically, Cadillac automobiles were at the top of the luxury field within the United States, but have been outsold by European luxury brands including BMW and Mercedes-Benz, Mercedes since the 2000s. In 2019, Cadillac sold 390,458 vehicles worldwide, a record for the brand. Cadillac, founded in 1902, is among the first automotive brands in the world, fourth in the United States only to Autocar Company (1897) and fellow GM marques Oldsmobile (1897) and Buick (1899). It was named after Antoine de la Mothe Cadillac (1658–1730), who founded Detroit, Michigan. The Cadillac crest is based on his coat of arms. By the time General Motors purchased the company in 1909, Cadillac had already est ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Linio
Linio is one of the leading marketplaces in Latin America, with presence in five countries and offering more than four million products. History Linio began operations in 2012 in Mexico. The company has been through various rounds of funding, including one that concluded in September 2016. On 1 August 2018, the company was acquired by the Chilean retail store Falabella for USD$138 million. It was announced that Linio will be ceasing operations in Mexico for April 8, 2024 to focus on their collaboration with Soriana Organización Soriana is a Mexican public company and a major retailer in Mexico with more than 824 stores. Soriana is a grocery and department store retail chain headquartered in Monterrey, Monterrey, Nuevo Leon, Mexico. The company is 100% cap ... on their expansion of Sodimac and his target Falabella Soriana.https://www.xataka.com.mx/comercio-electronico/linio-se-va-mexico-sitio-comercio-electronico-cierra-operaciones References Online retailers of Mex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uber
Uber Technologies, Inc. is an American multinational transportation company that provides Ridesharing company, ride-hailing services, courier services, food delivery, and freight transport. It is headquartered in San Francisco, California, and operates in approximately 70 countries and 15,000 cities worldwide. It is the largest ridesharing company worldwide with over 150 million monthly active users and 6 million active drivers and couriers. It coordinates an average of 28 million trips per day, and has coordinated 47 billion trips since its inception in 2010. In 2023, the company had a take rate (revenue as a percentage of gross bookings) of 28.7% for mobility services and 18.3% for food delivery. History In 2009, Garrett Camp, a co-founder of StumbleUpon, came up with the idea to create Uber to make it easier and cheaper to procure direct transportation. Camp and Travis Kalanick had spent $800 hiring a private driver on New Year's Eve, which they deemed excessive, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alaska Airlines
Alaska Airlines is a major American airline headquartered in SeaTac, Washington, within the Seattle metropolitan area. It is the fifth-largest airline in North America when measured by scheduled passengers carried, as of 2024. Alaska, together with its regional partners Horizon Air and SkyWest Airlines, operates a route network primarily focused on connecting cities along the West Coast of the United States (including Alaska and Hawaii) to over 100 destinations in the contiguous United States, the Bahamas, Belize, Canada, Costa Rica, Guatemala and Mexico. The airline operates out of six hubs with its primary hub at Seattle–Tacoma International Airport. Alaska Airlines is a member of Oneworld, the third-largest airline alliance in the world. As of 2020, the airline employs over 16,000 people and has been ranked by J. D. Power as having the highest customer satisfaction of the traditional airlines for twelve consecutive years. In 2024, the airline's parent Alaska Air Grou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexico City
Mexico City is the capital city, capital and List of cities in Mexico, largest city of Mexico, as well as the List of North American cities by population, most populous city in North America. It is one of the most important cultural and financial centers in the world, and is classified as an Globalization and World Cities Research Network, Alpha world city according to the Globalization and World Cities Research Network (GaWC) 2024 ranking. Mexico City is located in the Valley of Mexico within the high Mexican central plateau, at an altitude of . The city has 16 Boroughs of Mexico City, boroughs or , which are in turn divided into List of neighborhoods in Mexico City, neighborhoods or . The 2020 population for the city proper was 9,209,944, with a land area of . According to the most recent definition agreed upon by the federal and state governments, the population of Greater Mexico City is 21,804,515, which makes it the list of largest cities#List, sixth-largest metropolitan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SkyTeam
SkyTeam is one of the world's three major airline alliances. Founded in June 2000, SkyTeam was the last of the three alliances to be formed, after Star Alliance and Oneworld. Its annual passenger count is 624 million customers (2024), the second largest of the three major alliances. , SkyTeam consists of 18 active carriers; it also operates a cargo alliance named SkyTeam Cargo, which partners with seven carriers, all SkyTeam members. Its centralised management team, SkyTeam Central, is based in Amstelveen, Netherlands. [Baidu] |
Grupo Aeroméxico
Grupo Aeroméxico S.A.B. de C.V. is an airline holding company headquartered in Mexico City. Grupo Aeroméxico owns and operates Aeroméxico, the principal airline of Mexico. In June 2022, the company delisted its shares off the Mexican Stock Exchange as a result of its Chapter 11 reorganization plan. It plans to relist on the New York Stock Exchange or Nasdaq by the end of 2024. Shareholders *Group of investors of undisclosed percentage − 52% *Apollo Global Management − 22.4% *Delta Air Lines − 20% (Formerly 49% prior to the COVID-19 pandemic) *Banco Actinver Trust — 5.9% Major subsidiaries The following is the corporate structure and list of current subsidiaries of Grupo Aeroméxico . *Aeromexpress (Owns 50%) *Aeroméxico Cargo * Aerovías de México (Aeroméxico) and subsidiaries **Administradora Especializada en Negocios (Adensa) (Owns 99.99%) ** Aerolitoral (Aeroméxico Connect) **Aerosys (Owns 50.01%, other 49.99% owned by Mexicana de Aviación) **Aerovías E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
