AS Mileage Plan IP Ltd, founded in 2016 and based in Seattle, Washington, is a subsidiary of Alaska Air Group, focusing on the management and optimization of the Alaska Airlines Mileage Plan loyalty program. The company specializes in providing valuable travel rewards, including frequent flyer miles and associated services tailored to enhance customer engagement and loyalty.
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, AS Mileage Plan IP Ltd has been active in issuing bonds primarily aimed at funding loyalty program incentives and improvements. Notably, the company launched its first bond issuance in 2018, raising significant capital to expand its benefits offerings. Current yields on its bonds remain competitive within the retail travel industry, reflecting a strong market position. Recent bond features have included loyalty program enhancements linked to specific targets, which have garnered investor interest amid a rising demand for travel-related rewards in a recovering economy.