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Does aimia own Aeroplan?

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Does aimia own Aeroplan?

Table of Contents

  • Does aimia own Aeroplan?
  • Did Air Canada buy back Aeroplan?
  • Who bought Aimia?
  • What will happen to Aeroplan in 2020?
  • What does aimia mean?
  • Is Aeroplan leaving Air Canada?

Aimia and Air Canada Enter into Definitive Agreement for Purchase of the Aeroplan Loyalty Business – Aimia.

Did Air Canada buy back Aeroplan?

In November 2018, Aimia signed a definitive agreement with Air Canada to sell Aeroplan back to Air Canada for $450M in cash.

Who bought Aeroplan?

Air Canada
MONTREAL – Air Canada has signed a definitive agreement to buy the Aeroplan loyalty program from Aimia Inc. for $450 million in cash. Under the deal, Air Canada will also assume $1.9 billion of Aeroplan miles liability.

Who owns Aimia Inc?

Upon closing of both the merger and the investment, Kognitiv Corporation Investors will own 51% and Aimia Inc. will own 49% of the newly merged Kognitiv Corporation giving effect to the conversion of the Convertible Preferred Shares. Aimia Inc.

Who bought Aimia?

January 2018: Sainsbury’s announced that it had paid £60m for the acquisition of the shares of Aimia Inc’s UK business, to include all assets, colleagues, systems and licences required for the full and independent operation of the Nectar loyalty programme in the UK.

What will happen to Aeroplan in 2020?

New Rewards Structure Air Canada took the opportunity to totally rethink the old Aeroplan system and give it an overhaul. The first thing you need to know is that you no longer earn Aeroplan Miles now you’ll earn Aeroplan Points. Your old Miles automatically transferred over to points in 2020 on a one-for-one basis.

What happened to my old Aeroplan points?

We’ll reinstate all your points if you fly with Air Canada within 6 months of expiry. You may book after your points expire, but travel must occur within the 6-month period.

What happened to Aimia?

Aimia is also the name of the largest island in the chain. The islands contained one of the Silver Kingdoms of Roshar that survived the Desolations. The Kingdom of Aimia existed for part, if not most, of the Era of Solitude, but at some point it was decimated in the scouring of Aimia.

What does aimia mean?

AIMIA

Acronym Definition
AIMIA Australian Interactive Media Industry Association (Australia)

Is Aeroplan leaving Air Canada?

The Aeroplan mileage program operated as a separate entity from late 2020. In 2017, contract renewal negotiations broke down between Air Canada and Aeroplan. In response, Air Canada announced that it would end its relationship with Aeroplan and would launch a new in-house loyalty program in 2020.

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