May 11, 2017, 3:09 pm
Last edit by: yyznomad
Such that it is actually searchable text - one of the important changes to the Aeroplan program in 2019 for Super Elites:
New for Air Canada Altitude Super Elite 100K members: Complimentary changes and refunds
Beginning July 15, 2019, Air Canada Super Elite 100K members will no longer be charged a fee when they request a change to their Flight Reward booking. Additionally, these members will also no longer be charged a fee to refund their bookings. These fee waivers will apply to all bookings, including those made prior to the new policy coming into effect.
Read the below screenshots for the rest.
July 15 2019
"AEROPLAN FLIGHT REWARDS: NOW WITH MORE FLEXIBILITY AND PEACE-OF-MIND"
https://www.aeroplan.com/whats_new/news_articles.do?dl=WhatsNew_WEBUP31000285_2019_07 _15¤tLanguage=en
New chart with fees in this post
https://www.flyertalk.com/forum/31306687-post1334.html
Older news releases from 2017 below
Air Canada "What You Need to Know"
https://www.aircanada.com/ca/en/aco/...d-to-know.html
Air Canada Press Release May 11, 2017
http://aircanada.mediaroom.com/index.php?s=43&item=1135
Aeroplan News "To Our Valued Members" - May 11, 2017
https://www5.aeroplan.com/whats_new/...New_2017_05_09
Aeroplan & Air Canada update
We'd like to help our members understand the latest news about our partner, Air Canada.
https://www5.aeroplan.com/aircanada-...id=BAN30000311
From Aeroplan - UPDATE May 31, 2017
https://www5.aeroplan.com/aircanada-and-aeroplan-update.do
Aeroplan Saga Ends in a Long, Financial Detour:
https://www.theglobeandmail.com/repo...ticle35080509/
August 11 2017
"We're on solid ground so your plans can take flight."
https://www.aeroplan.com/program-updates.do?currentLanguage=en&cid=008692096
"Five things you need to know about your miles"
https://www.aeroplan.com/five-things-about-your-miles.do?currentLanguage=en
September 19, 2017 - Investor Day Presentation
https://www.aeroplan.com/five-things-about-your-miles.do?currentLanguage=en
//
New for Air Canada Altitude Super Elite 100K members: Complimentary changes and refunds
Beginning July 15, 2019, Air Canada Super Elite 100K members will no longer be charged a fee when they request a change to their Flight Reward booking. Additionally, these members will also no longer be charged a fee to refund their bookings. These fee waivers will apply to all bookings, including those made prior to the new policy coming into effect.
Read the below screenshots for the rest.
July 15 2019
"AEROPLAN FLIGHT REWARDS: NOW WITH MORE FLEXIBILITY AND PEACE-OF-MIND"
https://www.aeroplan.com/whats_new/news_articles.do?dl=WhatsNew_WEBUP31000285_2019_07 _15¤tLanguage=en
New chart with fees in this post
https://www.flyertalk.com/forum/31306687-post1334.html
Older news releases from 2017 below
Air Canada "What You Need to Know"
https://www.aircanada.com/ca/en/aco/...d-to-know.html
Air Canada Press Release May 11, 2017
http://aircanada.mediaroom.com/index.php?s=43&item=1135
Aeroplan News "To Our Valued Members" - May 11, 2017
https://www5.aeroplan.com/whats_new/...New_2017_05_09
Aeroplan & Air Canada update
We'd like to help our members understand the latest news about our partner, Air Canada.
https://www5.aeroplan.com/aircanada-...id=BAN30000311
From Aeroplan - UPDATE May 31, 2017
https://www5.aeroplan.com/aircanada-and-aeroplan-update.do
Aeroplan Saga Ends in a Long, Financial Detour:
https://www.theglobeandmail.com/repo...ticle35080509/
August 11 2017
"We're on solid ground so your plans can take flight."
https://www.aeroplan.com/program-updates.do?currentLanguage=en&cid=008692096
"Five things you need to know about your miles"
https://www.aeroplan.com/five-things-about-your-miles.do?currentLanguage=en
September 19, 2017 - Investor Day Presentation
https://www.aeroplan.com/five-things-about-your-miles.do?currentLanguage=en
//
Air Canada to Launch Its Own Loyalty Program in 2020
May 11, 2017, 8:16 am
#78
Join Date: Apr 2006
Location: YTZ
Programs: Hertz & Avis PC; National EE; SPG & Hilton Gold; AC 35K (yawn)
Posts: 5,921
The idea that they would devalue CC points in a way some are suggesting here doesn't make sense. These systems are profit centres because of credit cards. AA and UA are finding credit card signups are lower than expected likely due to devaluations of their programs.
May 11, 2017, 8:24 am
#80
Join Date: Dec 2012
Posts: 109
On points transfer, from the FAQ:
Q: Will I be able to transfer my Aeroplan Miles into the new Air Canada program?
A: No. Aeroplan Miles earned up to June 2020 stay in the Aeroplan program and may be redeemed for Aeroplan Rewards. That said, Air Canada expects to continue making Air Canada flights available for Aeroplan redemption. Star Alliance partner rewards will only be available through the new Air Canada program.
My issue is that there is simply no way that I won't end up stranding 1m+ points. I have 1.5m now, even if I burn all those in the next 2-3 years, I will earn another 1-2m in the next 3 years. Assuming flying patters remain the same, any SE is going to strand at least 3 or 4 hundred thousands points (the amount they will earn in 2019). Doesn't make a lot of sense to me. Not to mention that without AC I would imagine AE has a moderate chance of flat out going bankrupt, rendering all points worthless.
Either AC really truly doesn't care at all about how this impacts AE/AC/Altitude members, it is a ploy to drive AE into a market value of $1 so they can be bought cheaply, or they just didn't think this through...
Q: Will I be able to transfer my Aeroplan Miles into the new Air Canada program?
A: No. Aeroplan Miles earned up to June 2020 stay in the Aeroplan program and may be redeemed for Aeroplan Rewards. That said, Air Canada expects to continue making Air Canada flights available for Aeroplan redemption. Star Alliance partner rewards will only be available through the new Air Canada program.
My issue is that there is simply no way that I won't end up stranding 1m+ points. I have 1.5m now, even if I burn all those in the next 2-3 years, I will earn another 1-2m in the next 3 years. Assuming flying patters remain the same, any SE is going to strand at least 3 or 4 hundred thousands points (the amount they will earn in 2019). Doesn't make a lot of sense to me. Not to mention that without AC I would imagine AE has a moderate chance of flat out going bankrupt, rendering all points worthless.
Either AC really truly doesn't care at all about how this impacts AE/AC/Altitude members, it is a ploy to drive AE into a market value of $1 so they can be bought cheaply, or they just didn't think this through...
Last minute weekend trips in LH F anyone?
May 11, 2017, 8:27 am
#81
Join Date: Aug 2006
Location: YOW
Programs: Aeroplan
Posts: 968
I feel your pain - this would be the pain I went through when we had a million points to burn through the last time they were expiring. Doing that while still flying regularly for work meant we wasted about half those points, including giving away J-class tickets to our kids (J-class YVR to SFO for example, sigh...) in order to not lose the points we had been saving for retirement.
Then Aeroplan/AC relented and said the points wouldn't expire. Aeroplan/AC robbed us of our retirement travel fund. And no, I've never forgiven them.
The Aeroplan credit card was dumped years ago in favour of a card with cash back (so I can use the cash back to pay for my 'free' flights.)
We still fly AC only because waiting for us at the end of the trip that burned 350K miles for a jaunt over to Hungary was the MM status box. But now we only fly the cheapest seats we can find since we get lounge and luggage allowance upgrades, and if we are flying J, book on other airlines when possible.
Now they are about to rob many of you. Good luck and my sympathies.
We have almost 100K left so we'll look for a Star Alliance award to burn those on.
Then Aeroplan/AC relented and said the points wouldn't expire. Aeroplan/AC robbed us of our retirement travel fund. And no, I've never forgiven them.
The Aeroplan credit card was dumped years ago in favour of a card with cash back (so I can use the cash back to pay for my 'free' flights.)
We still fly AC only because waiting for us at the end of the trip that burned 350K miles for a jaunt over to Hungary was the MM status box. But now we only fly the cheapest seats we can find since we get lounge and luggage allowance upgrades, and if we are flying J, book on other airlines when possible.
Now they are about to rob many of you. Good luck and my sympathies.
We have almost 100K left so we'll look for a Star Alliance award to burn those on.
May 11, 2017, 8:30 am
#83
Join Date: Apr 2011
Location: Quebec and Ontario, Canada
Programs: AC*E50, SPG/Marriott Plat
Posts: 1,917
I don't think it would be tolerated by market security... Announcing news which have a huge impact on stock market and then take advantage of it, is probably illegal.
May 11, 2017, 8:33 am
#85
Join Date: Apr 2011
Location: Quebec and Ontario, Canada
Programs: AC*E50, SPG/Marriott Plat
Posts: 1,917
By the way, saving points for retirement was always risky, devaluation happens all the time and point savings do not produce interests...
May 11, 2017, 8:35 am
#86
Join Date: Aug 2006
Location: YOW
Programs: Aeroplan
Posts: 968
BTW last time, they were going to expire. This time those of your left with 1m+ in your accounts are left with useless points. A slight difference!
May 11, 2017, 8:35 am
#87
Join Date: Sep 2011
Location: YUL
Programs: AC Altitude -.006k
Posts: 895
AC up a buck... somebody must have liked the $2B NPV... quick'n dirty, over 15 years that's about $200m/yr at 7-8% discount rate without any upfront costs considered.
Wow on the whole thing. No real surprise, though.
May 11, 2017, 8:36 am
#88
Join Date: Apr 2011
Location: YYC
Programs: AC 50k 1MM, Marriott LT Titanium Elite
Posts: 3,402
May 11, 2017, 8:36 am
#89
Join Date: Aug 2006
Location: YOW
Programs: Aeroplan
Posts: 968
It sounds to me like an opening to further devalue one's points.
