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Air Canada Offers $1.7B To Buy Back Rewards Program

July 26, 2018
More than a decade after it spun off the business, Air Canada wants to buy back its reward program for C$2.25 billion ($1.72 billion). The Canadian airline announced that it was forming a corporation with the Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, and Visa Canada Corporation to acquire Aimia’s Aeroplan loyalty business (including approximately […]