American Airlines is sunsetting its prepaid AirPass program and, according to sources, cutting corporate allocations for ConciergeKey, the invite-only top level of its loyalty program.

American gave no rationale for its decision regarding AirPass, a program that began in the 1980s and started adding corporate-level members in the 1990s

"Beginning Nov. 30, the AirPass program will no longer accept any new or renewal contracts, or any additional fund deposits," a press official confirmed late Tuesday afternoon. "All customers . . .

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