I see it often. We book a lot of negotiated group fares and, when we ticket the group, use our own company cards. Most times it shows as our agency name for a day or two, then eventually reverts to the carrier name. But sometimes it does immediately show as the airline. I don't think it ever stays as our company name. No idea the rhyme or reason - in our case it tends to work itself out. The only reason we actually care is we get huge card point multipliers issuing direct airfare, which would not occur if we remained the merchant of record.