Articles tagged “aimia”

Airlines

Aeromexico to Buy Back Loyalty Program for $405 Million

Loyalty is big business for airlines, from retaining lucrative business travelers to earning big bucks from credit card partnerships. Aeromexico is the latest airline to take full control of its loyalty program with plans to buy out investor Aimia.

Edward Russell | 2 years ago

Aeromexico to Buy Back Loyalty Program for $405 Million

Airlines

Aeromexico Gets $50 Million Lifeline From A Loyalty Company

Aeromexico likely needs a lot more than $50 million. What it could use is a government bailout. It provides a valuable national service as Mexico's only long-haul airline. But the government is not interested in helping the company.

Reuters | 4 years ago

Airlines

Aimia Refuses to Sell Aeroplan Frequent Flyer Program Back to Air Canada

It always seemed unlikely Aimia would accept this offer for the Aeroplan program. But this is bad news for Air Canada frequent flyers who have spent decades building their frequent flyer accounts. If nothing changes, they won't be able to use their miles as they expected in less than two years.

Brian Sumers, Skift | 6 years ago