Partnership agreements between Aimia Inc. and two more Canadian airlines have taken flight, slated to take effect after the Montreal-based company's current agreement with Air Canada ends in July 2020.
WestJet Airlines Ltd. says its ultra low cost Swoop airline will soon begin transborder service as it looks to regroup from a "deeply disappointing" second quarter when it was hurt by the impact of a pilot strike threat, intensified competition and soaring fuel costs.
Shares of Aimia Inc. surged as much as 44 per cent after a group led by Air Canada made an unsolicited offer to buy its Aeroplan loyalty business in a deal valued at $2.25 billion, including points liabilities they would assume.
A new study suggests federal and provincial governments can help ease some of the frustrations of travellers and grow the country's air transport sector by reducing taxes and fees imposed on the industry.
WestJet Airlines Ltd. is teaming up with the Royal Bank of Canada to create a new loyalty program that aims to attract a "very substantial" group of "very unhappy" customers from the Aeroplan program, which its rival Air Canada is preparing to replace in 2020.