The article reports on the agreement between American Express Co. and Trans World Airlines Inc. to offer global flights on the installment plan honoring Diners' Club and Carte Blanche credit cards. It states that air travel in 1964 has accounted for 14 million U.S. dollars of the 340 million U.S. dollar credit-card billings of American Express. It notes that broadening credit-card flights into the mass card market increases airlines' revenues by up to 250 million U.S. dollars a year.
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