AIM boldly breaks off talks with AC. AIM is giving AC the middle finger. AIM did announce ae 2.0, with mostly the same redemption point chart, and 20 airline partners. They have an existing working system. They are in talks with Oneworld. They must also contacted many other possible partners.
AIM should have a good quarterly report tomorrow. They feel the worst is over, and they have a parth forward.

AC was dirty/sleazy, and arrogant. Then they saw the ae 2.0 announced, and now is panicking they might lose business and database to others. They asked for a very short deadline to Aug. 2. Tomorrow AIM will show they actually have a strong hand, and people are doubting AC can have a working system come June 2020.

This should make an interesting business case do study. If ae does team up with OW and/or WJ, RBC, and existing point holders know they can still redeem, ae won't die. The table has been turned. AC needs to convince people they will have a functioning system come 2020. AC needs to convince people come 2020, customers won't need to start with 0 in their system (how they do that, is still a big unknown). It looks as if AC is the one to ante up more, rather than AIM accepting lower.