Air Canada completes acquisition of Aeroplan – miles will transfer 1:1 and Amex remains in the mix

As we mentioned yesterday, Aimia shareholders approved the purchase of their Canadian division by Air Canada and we now have confirmation that the transaction is complete. Air Canada officially owns Aeroplan once again and they give us some but not many details of what can be expected: Aeroplan Miles will convert 1:1 to the new […]

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Aimia’s Shareholders Approve Sale of Aeroplan (Aimia Canada) to Air Canada

The last hurdle in Air Canada’s move to purchase Aeroplan back from Aimia was cleared yesterday. The “transaction was approved by holders representing 96% of Aimia’s common shares and preferred shares who voted on the Transaction on a combined basis” With this approval it is expected that the transaction should be completed in the coming […]

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