April 29, 2020 / 12:49 AM / a month ago

BRIEF-Aimia Is Now Expecting Materially Lower Gross Billings, Adj EBITDA And Cashflow In 2020

April 28 (Reuters) - Aimia Inc:

* AIMIA PROVIDES UPDATE TO THE MARKET ON IMPACT ON PLM FROM COVID-19

* IS NOW EXPECTING MATERIALLY LOWER GROSS BILLINGS, ADJUSTED EBITDA AND CASHFLOW IN 2020

* AIMIA NOW EXPECTS DISTRIBUTIONS FROM PLM OPERATIONS TO BE MATERIALLY IMPACTED

* AIMIA -FOLLOWING IMPACT ON AIRLINE INDUSTRY, NATIONWIDE LOCKDOWN TO SLOW SPREAD OF COVID-19 IN MEXICO, PLM IS ALSO EXPECTED TO BE NEGATIVELY IMPACTED Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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