Swiss International Air Lines is selling its 57.2% stake in Loyalty Gate Ltd., a leading provider of services for frequent-flier programs, to London-based International Customer Loyalty Programs. Loyalty Gate Ltd. has managed the Swiss TravelClub program. Following Swiss's decision to transfer Swiss Travel Club to Miles & More as of April 1, 2006, the airline and the minority Loyalty Gate Ltd. shareholders agreed to the sale to ICLP.
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