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Data for $487 Million AirPlus Deal

Project: Managed Lufthansa’s venture into using Artificial Intelligence for sales operations, including supplier sourcing, team delegation, and project execution.Outcome: Enhanced sales efficiency and improved decision-making processes using AI insights.

Lufthansa Sells AirPlus Card Business To SAS EuroBonus Bank SEB For $487 Million:

  • Lufthansa has finalized the sale of AirPlus International, a payment solutions provider, to SEB Kort Bank, a Swedish bank.
  • The transaction was initially announced in 2023, with the Swedish bank paying €450 million ($485.1 million) for the now ex-Lufthansa Group subsidiary.
  • The move came as the group has attempted to streamline its business, focusing on its airlines.

Read more about the near 500 Million Dollar deal here: https://simpleflying.com/lufthansa-sells-airplus-card-business-seb-487-million/