Air Canada Aeroplan Spinoff May Be Imminent

Air Canada may be on the verge of spinning off its Aeroplan frequent flyer program with details being finalized as soon as the end of this week.

They tried this a couple years ago, but details of their bankruptcy and reorganization financing stood in the way.

Word is the program is being valued at about US$1.18 billion, down slightly from earlier estimates.

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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