FlyerTalk Forums - View Single Post - Aimia (owner of Aeroplan) sells Air Miles (Canada)
Old Feb 2, 2018 | 3:28 pm
  #43  
imverge
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Join Date: Feb 2005
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Originally Posted by Stranger
Well, sure. Saving jobs and the like. But saving the shareholders' neck?
AC gives a rats axx about Aimia shareholders.

If Aimia were to file CCAA and AC swooped in the non-competition clause currently in effect would be null and void along with all the deals with AMEX, CIBC and other issuers of points.

This would pave the way for AC to launch their own program sooner than later and members points would transfer to the new program. 1-1

All the while they will toot that they saved jobs and everyone's points in the process.

This isn't AC's first time in the rodeo... you remember Canadian Pacific
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