In the end the difference was a couple hundred million or so. That’s the sweetener added by Air Canada and its banking partners to buy Aeroplan back from Aimia and boost the “new” in-house loyalty program at the carrier
Aimia
Porter Air signs on to join Aeroplan in 2020, oneworld in the wings
Aeroplan will still have a Canadian airline partner when Air Canada’s participation in the program ends in 2020. Toronto-based Porter Air will convert its VIPorter loyalty program into the Aeroplan scheme at that time. Ongoing conversations with the oneworld alliance could further extend the loyalty program’s reach as its Star Alliance link disappears.
Air Canada, banks offer to buy Aeroplan
A year after announcing that it would no longer be an Aimia customer Air Canada (and its banking partners) now wants to buy the Aeroplan program off the loyalty operator. At a nice discount, of course. And it still is probably a smart move for everyone.