Who bought aimia?

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 does Aimia do?

Aimia Inc. is a holding company with a focus on long-term investments in public and private companies, on a global basis, through controlling or minority stakes, targeting the deployment of its cash and tax losses towards the acquisitions of free cash flow generating businesses in diverse industries.

Does aimia own Aeroplan?

On August 21, 2018, Air Canada, along with TD, CIBC and Visa, agreed to acquire Aeroplan from Aimia for CA$450 million in cash. There are approximately 5 million active members in the program….Aeroplan.

Type Subsidiary
Owner Air Canada
Website Aeroplan

What industry is aimia?

Aimia Inc. is an investment holding company with a focus on long-term investments in public and private companies, on a global basis, through controlling or minority stakes. The Company operates an investment advisory business through its wholly-owned subsidiary.

What happened to the Aeroplan app?

New Website. Now that the new program has gone into effect, the old Aeroplan site is no more, so add AirCanada.com to your bookmarks. You’ll be able to compare and book all of your flights using your Aeroplan Points (and/or cash) online, or via the Air Canada app.

Can I redeem Aeroplan points for Costco?

Can I still redeem my Aeroplan Miles for Costco Shop Cards and Costco memberships? Yes. Aeroplan Miles can be used to redeem Costco Shop Cards and Costco memberships on the Aeroplan site, subject to Aeroplan terms and conditions and availability.

Is Aeroplan being discontinued?

When the takeover happens, Air Canada will discontinue Aeroplan Distinction status. If you’ve already earned it for next year, you’ll continue to enjoy the benefits until the takeover occurs next July. But after that, you’ll no longer be able to earn nor benefit from the status.

What happens to my Aeroplan points in 2020?

What Happens To My Aeroplan Miles? Current Aeroplan miles will ultimately transfer into Air Canada’s new mileage program at a one-to-one ratio. So, whatever number of miles you have in your Aeroplan account will simply roll over to the new account in the same number.

What is replacing Aeroplan?

The Montreal-based airline says customers will be able to continue collecting Aeroplan points until June 2020, after which miles earned from flying on Air Canada or its 26 Star Alliance partners will be credited to the in-house loyalty program instead.

What will happen to my Aeroplan points?

What Happens To My Aeroplan Miles? Current Aeroplan miles will ultimately transfer into Air Canada’s new mileage program at a one-to-one ratio. So, whatever number of miles you have in your Aeroplan account will simply roll over to the new account in the same number. You lose nothing.

Is the Aeroplan program ending?

Now that the new program has gone into effect, the old Aeroplan site is no more, so add AirCanada.com to your bookmarks. You’ll be able to compare and book all of your flights using your Aeroplan Points (and/or cash) online, or via the Air Canada app.

Is Aeroplan going away?

  • September 2, 2022