09.05.2005 13:01:00
|
Comdata Aligns with Jet Fleet International to Provide Comprehensive A
Business Editors/Aviation Writers
BRENTWOOD, Tenn.--(BUSINESS WIRE)--May 9, 2005--Comdata Corporation (NYSE: CEN), a leader in electronic payment transactions in the retail and transportation industries, today announced an alliance with Jet Fleet International (JFI), a membership-based provider of favorably priced products and services to the general aviation industry.
Through the agreement, all JFI member purchases will be transacted through Comdata's MasterCard(R)-branded payment product.
"Comdata is the first company to issue a general purpose credit card for private aircraft owners and operators. To date, other credit instruments have been largely fuel-only cards," said Randy Morgan, senior vice president and general manager of Comdata's Business Services division. "Through JFI's negotiated discounts, our card will handle any purchase necessary to run a private fleet--fuel, catering, ground transportation, pilot training and more. Plus, JFI members will also have comprehensive reporting of all business activity, dramatic cost reduction through paperless activity and faster access to key business data in real time."
Founded by legendary aviation figures Bob Hoover and Eugene Cernan, JFI offers its membership negotiated discounts with hundreds of organizations which provide goods and services to the general aviation industry.
"This strategic alliance brings together two leaders in delivering high quality at a good value," Finn Moller, JFI president said. "JFI aggregates the buying power of single corporate and private jet aircraft owners. Comdata aggregates all the activity onto a single card for our members--one card, one invoice, hundreds of savings opportunities."
About Comdata
Comdata Corporation (www.comdata.com) is a leading provider of transaction and payment services. Comdata provides credit and debit processing and reporting for commercial fleets and merchants, electronic cash, gift and smart/chip card programs for retailers and governmental agencies, pay card services for food, retail and other service industries, and point-of-sale equipment, software and auxiliary services for merchants and convenience stores. Headquartered in Brentwood, Tenn., Comdata employs more than 1,500 people nationally and internationally. Comdata is a wholly owned subsidiary of Minneapolis-based Ceridian Corporation (NYSE: CEN).
About Jet Fleet International
Jet Fleet International was founded in 2003 by former astronaut Eugene "Gene" Cernan and aviation legend R.A. "Bob" Hoover. JFI negotiates preferred fleet pricing with aviation suppliers on behalf of hundreds of private and corporate jet owners worldwide. The JFI Alliance Partners consist of contract fuel programs, pilot training, flight planning, weather data, safety auditing/consulting, Enhanced Vision Systems, emergency medical equipment/services, satellite communications, pilot headsets, aircraft window repair and replacement, avionics upgrades and aircraft maintenance. The company has offices in Los Angeles and San Jose, Calif. More information on Jet Fleet International can be found at www.jetfleetinternational.com.
--30--NS/na*
CONTACT: Comdata Corporation, Brentwood Deby K. Samuels, 615-376-6986 dsamuels@comdata.com
KEYWORD: TENNESSEE INDUSTRY KEYWORD: AEROSPACE/DEFENSE BANKING AIRLINES TRANSPORTATION MARKETING AGREEMENTS SOURCE: Comdata Corporation
Copyright Business Wire 2005
![](https://images.finanzen.at/images/unsortiert/wertpapierdepot-absichern-aktienchart-boerse-750493204-260.jpg)
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Ceridian Corp.mehr Nachrichten
Keine Nachrichten verfügbar. |
Analysen zu Ceridian Corp.mehr Analysen
Indizes in diesem Artikel
S&P 400 MidCap | 1 854,40 | -0,45% |