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Air Canada (AC.TO)

AC.TO on Toronto Stock Exchange

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14 Aug 2018
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Mon, Aug 6 2018

Aimia's largest shareholder backs co on Aeroplan loyalty sale

Aug 6 Aimia Inc's largest shareholder, Mittleman Brothers, said on Monday a buyout offer by an Air Canada-led consortium for Aimia's Aeroplan loyalty program was undervalued.

Aimia stock soars 12 percent after rejecting Air Canada bid; strikes new deal

MONTREAL Aimia Inc's stock surged nearly 12 percent on Friday after the Canadian company announced a new airline partnership and repeated its Thursday night demand for a higher offer from an Air Canada -led consortium that wants to buy its Aeroplan loyalty program.

Aimia proposes revised offer of C$450 million for Aeroplan loyalty business

MONTREAL Aimia on Thursday said it rebuffed an offer by Air Canada and partners to buy its Aeroplan loyalty program and urged the carrier to make a higher offer for the business. The consortium's cash offer of C$250 million, later updated to C$325 million, did not reflect the value of the Aeroplan business, Aimia Inc said in a statement.

Aimia proposes revised offer of C$450 mln for Aeroplan loyalty business

MONTREAL, Aug 2 Aimia on Thursday said it rebuffed an offer by Air Canada and partners to buy its Aeroplan loyalty program and urged the carrier to make a higher offer for the business.

UPDATE 2-Air Canada cuts 2018 forecast on two metrics, but bullish on demand

July 27 Air Canada lowered its 2018 guidance on two key metrics as fuel costs rise, but said it expects to benefit from strong travel demand this year after reporting a higher-than-expected adjusted second quarter profit.

Offer for frequent flyer program not 'hostile bid': Air Canada CEO

MONTREAL Air Canada's recent offer with partners to buy back a frequent flyer program from Aimia is not a "hostile bid," and if accepted, would accelerate the carrier's "original strategy" of launching its own loyalty program, the airline's chief executive said on Friday.

Offer for frequent flyer program not 'hostile bid' -Air Canada CEO

MONTREAL, July 27 Air Canada's recent offer with partners to buy back a frequent flyer program from Aimia is not a "hostile bid," and if accepted, would accelerate the carrier's "original strategy" of launching its own loyalty program, the airline's chief executive said on Friday.

Air Canada reports quarterly loss on rising fuel costs

July 27 Air Canada on Friday posted a quarterly loss compared to a year-ago profit, as the carrier faced margin pressure from rising fuel costs.

Air Canada, banks make C$2.25 billion bid for Aeroplan loyalty program

Air Canada , two Canadian banks and Visa offered on Wednesday to buy back the Canadian airline's previous Aeroplan frequent flyer program from Aimia Inc for C$2.25 billion ($1.71 billion).

Air Canada, banks make C$2.25 bln bid for Aeroplan loyalty program

July 25 Air Canada, two Canadian banks and Visa offered on Wednesday to buy back the Canadian airline's previous Aeroplan frequent flyer program from Aimia Inc for C$2.25 billion ($1.71 billion).

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