Air Canada is selling a 25% minority stake in its Aeroplan loyalty program to a group led by Blackstone and the Quebec pension fund La Caisse. For members, the key point is what is not changing: Air Canada keeps full operational control and majority ownership, and no changes to how you earn or redeem Aeroplan points were announced. The proceeds go toward paying down Air Canada debt and buying back its shares.
More on Air Canada Aeroplan
Get the most from Air Canada Aeroplan with our tips and tricks.
- No fuel surcharges on partner airline awards
- Transatlantic business class
- Vancouver-Tokyo business class
Cards that earn Air Canada Aeroplan
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- End Date
- February 12, 2027
- Action
- Monitor This Deal
- Published
- August 12, 2026
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