The recent years in the US airline industry have witnessed improved balance sheets, increased valuations. The industry has generated 13 consecutive quarters of profitability with operating margins near or above 10%. Airline industry demand is expected to grow even more in 2017. In January 2017, demand for the major 7 players increased by an average of 4.9% year-over-year (YoY). In...
Owners of air charter companies put all their efforts to satisfy their clientele. However, the nature of their business often makes it challenging to open an air charter merchant account that meets their needs. Air Charter Business Jet or air charter travel is classified as high risk because of the high-ticket value and risks associated with the business. Air charter...
Airline and travel agents find it difficult to choose a merchant service provider. The thing is that airline businesses are labelled as high risk by the credit card processing industry. The reason is that merchants operating in the field are left open to higher chargebacks and payment dispute rates. The latter procedures can cost a lot, so most payment processors...
