American Express is the first credit card company to establish such a relationship with AACO and is looking at a long-term association with airline training.
The sponsorship initiative comes as part of the company's expanding relationships with Arab carriers and is in line with American Express' traditional association with the travel industry. Partner Airlines will be able to select the employees to attend and choose among more than 40 training courses in different areas of airline management.
Trevor Stokes, President and CEO of American Express Middle East and North Africa said: "The partnerships with airlines in the region are very important and valuable for us. American Express has marked a significant increase of charge volume on Arab carriers in 2003. Our decision to support AACO training reflects our commitment to the development of our Airline partners and the air transport industry in the region as a whole."
Mouna Moussi, Head of Industry Affairs, AACO said: "We praise the initiative of American Express to becoming an AACO Industry Partner and sponsoring training seats at its Regional Training Centre in Amman".
AACO's mission is to promote cooperation amongst Arab Airlines and to serve their common interest through service excellence. The organisation has a dedicated regional training centre working in association with a number of prestigious institutions such as the Aviation Training and Development Institute of IATA, EURESAS and SITA. The centre has successfully established itself as a valuable partner in human resource development for air carriers and aviation related organizations around the world.
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American Express MENA sponsoring AACO training for airline partners
- United Arab Emirates: Thursday, July 01 - 2004 at 14:56
- PRESS RELEASE
American Express Middle East recently announced that the company will sponsor training courses for employees of its partner Airlines with the Arab Air Carriers Organisation (AACO).
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About American ExpressAmerican Express Company is a diversified worldwide travel, financial and network Services Company founded in 1850. It is a world leader in charge and credit cards, Travellers Cheques, travel, financial planning, business services, insurance and international banking.
American Express established its presence in the Middle East in 1959 and set up its first office in Bahrain in 1977. In 1992, Amex (Middle East) E.C. was established as a joint venture company owned by Mawarid Investment Limited and American Express.
Operating in 19 markets in the Middle East and North Africa region, AEME issues dollar currency Credit and Charge Cards: Personal (Green), Gold, Platinum as well as Company and Corporate cards, and introduced its first local currency Credit Card in 2001 specifically to the United Arab Emirates.
American Express Cards are accepted at millions of locations in more than 200 countries and territories worldwide.
About AACO
The Arab Air Carriers Organisation (AACO) was established in 1965 by a resolution of the Council of the Arab Transport Ministries working within the framework of the Arab League States. AACO is an independent non-profit organization headed by the Secretary General Mr. Abdul Wahab Teffaha, with a total of 20 member Arab Airlines.
AACO has become in the last seven years, a reference in the Aviation Industry as it has succeeded in creating negotiation powers and strong coordination amongst the different Aviation Authorities. AACO Regional Training Centre was established in Amman in 1996 to serve as the main hub for most regional training activities and facilities. During the seven years of its existence, Regional Training Centre has dealt with successes of the industry, regional issues and international ones, this is why AACO RTC has never been more important since its inception.
For further media information on American Express UAE, please contact:
Boryana Korcheva
Memac Ogilvy PR
Tel: (971) 4 332 0002 (ext.318)
Direct Line: (971) 4 305 0318
Fax: (971) 4 305 0306
Posted by Anne-Birte Stensgaard, Senior News EditorThursday, July 01 - 2004 at 14:56 UAE local time (GMT+4)
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