Originally Posted by
Shareholder
The AEROPLAN division of AIMIA has a contract with AC to purchase seats on its flights, and with other STAR partners to purchase seats on their flights. AC acts as the ticketing agent for AEROPLAN and as noted, the two companies have an agreement that runs through 2020. How AC continues the accumulation/redemption side of ALTITUDE after that remains to be seen.
It's also worth noting that AIMIA as a company has already moved well beyond Aeroplan. That's not to say that Aeroplan is not a focus for AIMIA; but AIMIA has really worked to recreate itself as a loyalty company. Case in point, I was at a grocery store in Argentina and I noticed on their flyer that their loyalty program was managed by AIMIA. The AIMIA presence in UK is notable as well.
When 2020 comes, AIMIA will miss Aeroplan but I don't think the loss of Aeroplan will hurt them too much.