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250 Free Air Canada Miles

by Gary Leff

250 Free Air Canada Miles
Sep 03 2006

The TripRewards hotel points program will give you 250 Air Canada miles just for enrolling. From a TripRewards email: Between now and September 30, 2006, you’ll earn 250 Bonus Aeroplan Miles simply by enrolling in the TripRewards program and selecting “Aeroplan” as your earning preference. No purchase or stay is required. The first screen is registration. Once you register you get to a preferences screen where you choose your earning preference — be sure to select ‘airline miles’. The default partner should already be filled in, but make sure it says Air Canada Aeroplan. Then enter your Air Canada frequent flyer number.

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Aeroplan Goes Public

by Gary Leff

air canada
Jun 22 2005

Air Canada successfully sold a stake in its frequent flyer program today, and based on the price paid for a 12.5% stake Aeroplan has a market value of CAD$2 billion.

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Air Canada Aeroplan Spinoff May Be Imminent

by Gary Leff

air canada
May 18 2005

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.

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Air Canada to Spin Off Aeroplan

by Gary Leff

air canada
Apr 23 2005

Air Canada has confirmed its intention to spin off its Aeroplan frequent flyer program as a separate unit. Mr. Milton did not close the door to selling part of Aeroplan to a private buyer. But he said buyout firm Onex Corp. is not in the picture as a potential purchaser. Onex had a deal with Air Canada to buy a 35% stake in Aeroplan for $245-million before that fell apart with the airline’s bankruptcy protection filing. Onex said recently that it was still interested in the unit. Mr. Milton offered no specific timing for the sale. He said the company is working on legal and regulatory issues to ready its public debut. Aeroplan is worth in the range of $1.3-billion to $1.9-billion. In January Randy Petersen wrote that Air Canada would likely be the first…

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