Air Canada Completes Acquisition of Aeroplan Loyalty Business

Air Canada announced today the successful closing of its purchase of Aimia Canada Inc., owner and operator of the Aeroplan loyalty business, from Aimia Inc. Air Canada also confirmed that Aeroplan Members’ Miles will be honoured on a one-to-one basis in Air Canada’s new loyalty program when it launches next year, in 2020.

  • Customers can continue to earn and redeem Aeroplan Miles with confidence
  • Altitude Status and privileges remain unchanged for customers
  • Credit card loyalty program and network agreements finalized with TD, CIBC and Visa Canada for future participation in Air Canada’s loyalty program
  • Agreement in principle entered into with American Express for its continued participation in Air Canada’s loyalty program post 2020.

Here is a link to the press release.