Originally Posted by
Stranger
Uh?
Air Canada is not getting *anything* from credit card miles. They get some $ amount for seats redeemed, plus the YQ loot.
Aeroplan is getting a pittance for credit card miles. Used to be less than 0.6 cents/mile from CIBC, now marginally more from TD.
Are you unaware that these have been two separate businesses for quite a while?
I understand. The previous poster said AC got a pittance when I redeem cc miles that become seats on AC. Even a cursory glance at Aimia's income statements shows this is not true.