07-26-2018, 08:14 PM
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#837
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:inoutugh:
Join Date: Feb 2008
Location: YQB
Posts: 10,035
Thanked 5,890 Times in 1,860 Posts
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Quote:
Air Canada, CIBC, TD and Visa offer to buy Aeroplan
Air Canada is teaming up with three financial services giants to try to buy its former loyalty program, Aeroplan, from its current owner.
Air Canada, Toronto-Dominion Bank, CIBC and Visa made the announcement Wednesday they want to buy Aeroplan from Aimia, in exchange for taking over the liability of $2 billion worth of outstanding Aeroplan points, plus $250 million in cash.
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https://www.cbc.ca/news/business/aer...visa-1.4760780
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