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Aeroplan credit cards will earn users points on all purchases, but also allow them to double dip with Aeroplan partners. Air Canada's Aeroplan offers credit cards for both the Canadian and U.S ...
Aeroplan is the frequent-flyer program [1] owned by Air Canada, Canada's flag carrier. The Aeroplan program was created in July 1984 by Air Canada as an incentive program for its frequent flyer customers. In 2002 it was spun off as a separate corporate entity and eventually sold to Aimia.
Points are earned on purchases at participating merchants and can be redeemed against flights with specific airlines. In 2023, the owner of the name and concept used by Air Miles filed for bankruptcy. On 1 June, the Bank of Montreal (or BMO) acquired the loyalty program and the international right to use and license its name. [2]
This is a list of all airline codes. The table lists the IATA airline designators , the ICAO airline designators and the airline call signs (telephony designator). Historical assignments are also included for completeness.
From 1991 to 2014, CIBC was the primary issuer of credit cards as part of Air Canada's loyalty program, Aeroplan. In 2009, the airline loyalty program announced that a new agreement with Toronto-Dominion Bank would be effective 1 January 2014, ending the relationship with CIBC.
Air Canada's predecessor, Trans-Canada Air Lines (TCA), was created by federal legislation as a subsidiary of Canadian National Railway (CNR) on 11 April 1937. [16] [17] The newly created Department of Transport under Minister C. D. Howe desired an airline under government control to link cities on the Atlantic coast to those on the Pacific coast.
CIBC Mellon was founded in 1996 after CIBC joined with Mellon Financial Corporation in a 50-50 joint venture named CIBC Mellon Global Securities Services (CMGSS). [6] The following year, 1997, CIBC purchased a 50% stake in The R-M Trust Company from Mellon, which would become CMGSS's sister company, CIBC Mellon Trust Company (CMTC). [7]
Points typically have no cash value until redeemed via the issuer. Depending on the type of card, rewards will generally cost the issuer between 0.25% and 2.0% of the spread. Networks such as Visa or MasterCard have increased their fees to allow issuers to fund their rewards system.