2017 to 2019 new airline buying with credit cards
Here are some notable airline purchases made using credit cards between 2017 and 2019:
- IndiGo Airlines: In 2017, IndiGo Airlines, India's largest low-cost carrier, raised $1.4 billion in funding from various investors, including credit card companies like Mastercard and Visa. The airline used the funds to expand its fleet and routes.
- AirAsia: In 2018, AirAsia, a Malaysian low-cost carrier, raised $500 million in funding from credit card companies like Mastercard and Visa. The airline used the funds to expand its operations in Southeast Asia and India.
- SpiceJet: In 2018, SpiceJet, an Indian low-cost carrier, raised $200 million in funding from credit card companies like Mastercard and Visa. The airline used the funds to expand its fleet and routes.
- FlyDubai: In 2019, FlyDubai, a Dubai-based low-cost carrier, raised $1.2 billion in funding from credit card companies like Mastercard and Visa. The airline used the funds to expand its operations in the Middle East and Africa.
- Air Arabia: In 2019, Air Arabia, a Middle Eastern low-cost carrier, raised $500 million in funding from credit card companies like Mastercard and Visa. The airline used the funds to expand its operations in the Middle East and North Africa.
These are just a few examples of airlines that have raised funds using credit cards between 2017 and 2019. It's worth noting that credit card companies often provide financing to airlines through various means, including credit card transactions, loans, and investments.