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Bloomberg
JPMorgan Chase & Co won a deal to issue cards in the US for Air Canada, the bank’s first new co-brand card partner in more than a decade.
The companies plan to introduce the airline’s Aeroplan credit card in late 2021, using the Mastercard Inc network. The expectation is that air travel will have begun to recover by then with the advent of vaccines and promising new therapies for the coronavirus pandemic, Mark Nasr, the airline’s vice president for loyalty and e-commerce, said.
“We are obviously hopeful with the rollout of vaccines that much brighter times lie ahead, particularly toward the latter half of next year,†Nasr said.