Interesting comments.
Did I miss a post somewhere that specified the number of Aeroplan employees that will be moving to Air Canada?
QUOTES:
"It is interesting to know that they value the unredeemed miles (unclear how many – must be billions) that Aeroplan business has on its books at $1.9 billion liability.
Half of Aimia’s 1,500 employees will move to Air Canada as part of the deal (not sure what the rest will do).
There really wasn’t any other way of doing this. Air Canada announced that they wouldn’t renew their deal with Aimia and would launch their own program. This lead to stock market value of Aimia crashing. Now that Aeroplan is back in house it ensure smooth transition to the new program in 2020 (better burn those miles NOW though)."
Air Canada Closes Aeroplan Purchase From Aimia
by John Ollila - Jan 10, 2019
https://loyaltylobby.com/2019/01/10/...se-from-aimia/