US Airways Dividend Miles (Pre-FlightFund Merger) - DM value as an asset?




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TomBascom
Mar 6, 03, 4:03 pm
It seems that Air Canada sold 35% of Aeroplan:

http://frequentflier.com/ffc-012903.htm

The link says $161 million -- InsideFlyer claims $245 million. Either way it's a nice chunk of change.

With 6 million members Aeroplan brings in $600 million in revenue each year (according to InsideFlyer.)


silverpie
Mar 6, 03, 6:52 pm
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by TomBascom:
The link says $161 million -- InsideFlyer claims $245 million. Either way it's a nice chunk of change.</font>

$161m US is about equal to $245m Canadian, so there's probably your answer.



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