JOURNAL ARTICLE

Amex Warns of Higher Costs, Says Airline Spending Is Weakening.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Smith, Paige 3 of 3

Abstract

The article focuses on American Express Co.'s first-quarter financial results and strategic plans. The company reported higher-than-expected earnings and a 10% increase in billed business to $428 billion, driven by premium credit card spending, despite a recent slowdown in customer air travel spending linked to Middle East conflict-related disruptions. American Express plans to increase investments in marketing and technology, expecting marketing expenses to rise by mid-single digits this year, while maintaining full-year revenue growth guidance of 9% to 10%. The CEO highlighted the company’s positioning to benefit from artificial intelligence advancements and announced upcoming updates to its business credit card offerings. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2026
  • Accession Number:193223952
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