Air Canada Completes Acquisition of Aeroplan
It’s official. Aimia (owner of Aeroplan) is now sold to Air Canada for approximately $497 million (Press releases: Air Canada, Aimia).
Deep down inside, I had still hoped that the deal would fall through, because I was excited for all the initiatives that Aeroplan was planning in my interview with their CEO, for life after Air Canada. I really wanted to see Aeroplan compete with Air Canada, as competition is usually a positive for consumers.