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TheStreet Open House

Aeromexico UATP-Based Corporate Travel Payment Program Reports Record Month

Stock quotes in this article: DAL, GOL, LCC, UAL

PANAMA CITY, Nov. 15, 2012 /PRNewswire/ -- ALTA Forum -- Aeromexico, Mexico's global airline, reported today another record breaking month in its UATP corporate travel program with month over month growth of over 20%.  The last month Aeromexico recorded over 26,000 transactions with more than 100 accounts.   

(Logo: http://photos.prnewswire.com/prnh/20081118/NETU022LOGO )

"Launching Aeromexico's UATP program is part of our strategic initiative to balance our expansion plans globally," stated Andres Conesa, CEO, Aeromexico.  "We have had significant growth in a very short time frame with our UATP program and expect to see continued growth as we expand not only geographically, but bringing new products to market with our UATP program." 

Aeromexico has broken records for launching and growing a UATP program; from signing the final contracts and starting a pilot program within two (2) months to total volume growth on newly launched programs.  The program has moved from a direct bill initiative within Mexico, to having other account types, including pre-paid, and accounts in Brazil and the United States.  The product availability in multi-lingual and multi-currency has helped Aeromexico in its growth initiatives by enabling several products to be launched throughout the globe.  Strategic plans ensure for large corporate market share and new products launched by Aeromexico globally.

"Aeromexico has embraced all that UATP has to offer, utilizing our data tools DataStream and DataMine, as well as using the UATP Network to its fullest advantage by quickly moving programs onto the UATP rails to accomplish its strategic goal of global growth and increasing corporate market share," said Ralph Kaiser, president and CEO, UATP.  "Aeromexico has been very aggressive in its planning and launching of their UATP Program; we look forward to seeing the continued growth and expansion from Aeromexico." 

Aeromexico is utilizing UATP's data tools, DataStream and DataMine to complete its corporate program, creating the most comprehensive reporting and data information in the marketplace. 

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