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AirPlus International
AirPlus International (Lufthansa AirPlus Servicekarten GmbH) is a global corporate payment provider offering payment and data solutions for corporate travel management, procurement, and travel trade. It is a subsidiary of Lufthansa Group. The company provides business-to-business payment services around business travel payment, accounting, and analysis functions, in particular with by issuing central lodged cards, corporate credit cards, and virtual credit cards. Airplus was handling virtual credit card transactions per year. In 2017 the company handled payments covering travel tickets. In June 2023, SEB Kort announced its intention to acquire AirPlus in the course of 2024 pending regulator approvals. Company history The company's tradition began in the year 1986 with the Air Travel Card (distributed by Lufthansa), now known as the Universal Air Travel Plan (UATP). As a result of being the first credit card, UATP/AirPlus card numbers start with the card issuer identific ...
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Payment System
A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, instruments, people, rules, procedures, standards, and technologies that make its exchange possible.Biago Bossone and Massimo Cirasino, "The Oversight of the Payment Systems: A Framework for the Development and Governance of Payment Systems in Emerging Economies"The World Bank, July 2001, p.7 A common type of payment system, called an operational network, links bank accounts and provides for monetary exchange using bank deposits. Some payment systems also include credit mechanisms, which are essentially a different aspect of payment. Payment systems are used in lieu of tendering cash in domestic and international transactions. This consists of a major service provided by banks and other financial institutions. Traditional payment systems include negotiable instruments such as drafts (e.g., cheques) and documentary credits such as letters of ...
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Card Security Code
The card security code is located on the back of Visa, Discover Card">Discover, Diners Club, and JCB credit or debit cards and is typically a separate group of three digits to the right of the signature strip file:CIDSampleAmex.png, On American Express cards, the card security code is a printed, not embossed, group of four digits on the front towards the right A card security code (CSC; also known as CVC, CVV, or #Naming, several other names) is a series of numbers that, in addition to the bank card number, is printed (not embossed) on a card. The CSC is used as a security feature for card not present transactions, where a personal identification number (PIN) cannot be manually entered by the cardholder (as they would during point-of-sale or card present transactions). It was instituted to reduce the incidence of credit card fraud. These codes are in slightly different places for different card issuers. The CSC for Visa, Mastercard, and Discover credit cards is a three-di ...
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Companies House
Companies House is the executive agency of the company registrars of the United Kingdom, falling under the remit of the Department for Business, Energy and Industrial Strategy. All forms of companies (as permitted by the Companies Act) are incorporated and registered with Companies House and file specific details as required by legislation. All registered limited companies, including subsidiary, small and inactive companies, must file annual financial statements in addition to annual company returns, and all these are public records. Only some registered unlimited companies (meeting certain conditions) are exempt from this requirement. The United Kingdom has had a system of company registration since 1844. The legislation governing company registration matters is the Companies Act 2006. History 19th century Prior to 1844, companies could only be incorporated through grant of a royal charter, by private act of Parliament, or, from 1834, by letters patent. Few companie ...
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SAP R/3
SAP R/3 is the former name of the enterprise resource planning software produced by the German corporation SAP AG (now SAP SE). It is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment, billing, human resource management, and production planning. The current successor software to SAP R/3 is known as SAP S/4HANA. History of SAP S/4HANA Earlier versions SAP R/2 was a mainframe-based business application software suite that was very successful in the 1980s and early 1990s. It was particularly popular with large multinational European companies that required soft-real-time business applications, with built-in multi-currency and multi-language capabilities. R/3 With the advent of distributed client–server computing, SAP SE brought out a client–server version of the software called SAP R/3 (the "R" was for "Real-time data processing" and "3" was for "3-tier": ...
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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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United States Department Of Justice Antitrust Division
The United States Department of Justice Antitrust Division is a division of the U.S. Department of Justice that enforces U.S. antitrust law. It has exclusive jurisdiction over U.S. federal criminal antitrust prosecutions. It also has jurisdiction over civil antitrust enforcement, although it shares civil antitrust enforcement jurisdiction with the Federal Trade Commission (FTC). The Antitrust Division often works jointly with the FTC to provide regulatory guidance to businesses. The Division is headed by an Assistant Attorney General, who is appointed by the President of the United States and reports to the Associate Attorney General. The current Assistant Attorney General for the Antitrust Division is Jonathan Kanter, who was sworn into office November 16, 2021. History On February 25, 1903, Congress earmarked $500,000 for antitrust enforcement. On March 3, 1903, Congress created the position of Antitrust AG, with a salary to be paid out of the funds earmarked for antitru ...
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Swissair
Swissair AG/ S.A. (German: Schweizerische Luftverkehr-AG; French: S.A. Suisse pour la Navigation Aérienne) was the national airline of Switzerland between its founding in 1931 and bankruptcy in 2002. It was formed from a merger between Balair and Ad Astra Aero (''To the Stars''). For most of its 71 years, Swissair was one of the major international airlines and known as the "Flying Bank" due to its financial stability, causing it to be regarded as a Swiss national symbol and icon. It was headquartered at Zürich Airport, Kloten. In 1997 the Swissair Group was renamed SAirGroup (although it was again renamed Swissair Group in 2001), with four subdivisions: SAirlines (to which Swissair, regional subsidiaries Crossair and Belair, and leasing subsidiary FlightLease belonged), SAirServices, SAirLogistics, and SAirRelations. By the late 1990s, Swissair was burdened by over-expansion as a result of the controversial " Hunter Strategy". The crash of Swissair Flight 111 in 1998, ...
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Sabena
The ''Societé anonyme belge d'Exploitation de la Navigation aérienne'' (French; ), better known by the acronym Sabena or SABENA, was the national airline of Belgium from 1923 to 2001, with its base at Brussels National Airport. After its bankruptcy in 2001, SN Brussels Airlines was formed through a takeover of former subsidiary Delta Air Transport and took over part of Sabena's assets in February 2002, which became Brussels Airlines after a merger with Virgin Express in March 2007. The airline's corporate headquarters were located in the Sabena House on the grounds of Brussels Airport in Zaventem. History 1923–1939 Sabena began operations on 23 May 1923 as the national carrier of Belgium. The airline was created by the Belgian government after its predecessor SNETA (''Syndicat national pour l'étude des transports aériens'', National Syndicate for the Study of Aerial Transports) - formed in 1919 to pioneer commercial aviation in Belgium - ceased operations. Sabena opera ...
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Iberia
The Iberian Peninsula (), ** * Aragonese and Occitan: ''Peninsula Iberica'' ** ** * french: Péninsule Ibérique * mwl, Península Eibérica * eu, Iberiar penintsula also known as Iberia, is a peninsula in southwestern Europe, defining the westernmost edge of Eurasia. It is principally divided between Spain and Portugal, comprising most of their territory, as well as a small area of Southern France, Andorra, and Gibraltar. With an area of approximately , and a population of roughly 53 million, it is the second largest European peninsula by area, after the Scandinavian Peninsula. Name Greek name The word ''Iberia'' is a noun adapted from the Latin word "Hiberia" originating in the Ancient Greek word Ἰβηρία ('), used by Greek geographers under the rule of the Roman Empire to refer to what is known today in English as the Iberian Peninsula. At that time, the name did not describe a single geographical entity or a distinct population; the same name was us ...
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Finnair
Finnair ( fi, Finnair Oyj, sv, Finnair Abp) is the flag carrier and largest airline of Finland, with its headquarters in Vantaa on the grounds of Helsinki Airport, its hub. Finnair and its subsidiaries dominate both domestic and international air travel in Finland. Its major shareholder is the government of Finland, which owns 55.9% of its shares (as of 2014). Finnair is a member of the Oneworld airline alliance. Finnair is the sixth oldest airline in continuous operation and is consistently listed as one of the safest in the world. The company slogans are ''Designed for you'' and ''The Nordic Way.'' History Founding In 1923, consul Bruno Lucander founded Finnair as Aero O/Y (''Aero Ltd''). The company code, "AY", stands for Aero Osake-yhtiö ("yhtiö" means "company" in Finnish). Lucander had previously run the Finnish operations of the Estonian airline Aeronaut. In mid-1923 he concluded an agreement with Junkers Flugzeugwerke AG to provide aircraft and technical su ...
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British Airways
British Airways (BA) is the flag carrier airline of the United Kingdom. It is headquartered in London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ..., England, near its main Airline hub, hub at Heathrow Airport. The airline is the second largest UK-based carrier, based on fleet size and passengers carried, behind easyJet. In January 2011 BA merged with Iberia (airline), Iberia, creating the International Airlines Group (IAG), a holding company registered in Madrid, Spain. IAG is the world's third-largest airline group in terms of annual revenue and the second-largest in Europe. It is listed on the London Stock Exchange and in the FTSE 100 Index. British Airways is the first passenger airline to have generated more than US$1 billion on a single air route in a year (from 1 Apr ...
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Austrian Airlines
Austrian Airlines AG, often shortened to Austrian, is the flag carrier of Austria and a subsidiary of the Lufthansa Group. The airline is headquartered on the grounds of Vienna International Airport in Schwechat where it also maintains its hub. As of July 2016, the airline flew to six domestic and more than 120 international year-round and seasonal destinations in 55 countries and is a member of the Star Alliance. The airline was formed in 1957 by the merger of Air Austria and Austrian Airways, but traces its history back to 1923 at the founding of Austrian Airways. Throughout much of the company's existence, it was a state-owned entity. On 31 March 1958, the airline performed its scheduled service, flying a leased Vickers Viscount from Vienna to Zurich and London; it subsequently purchased its own Viscount fleet. On 18 February 1963, Austrian ordered its first jet-powered airliner, the Sud Aviation Caravelle. It subsequently introduced various models and derivatives of the ...
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