GAPFF - The Aimia Saga Continues As Air Canada Goes Hostile
When we published our report "Aimia: Post-Mortem After Air Canada Fallout" we had discussed several potential outcomes for Aimia (OTCPK:GAPFF) and we concluded that the most likely outcome for Aimia post-2020 is a revamped rewards program with multiple airline partners, similar to Air Miles. Our conclusion was consistent with recent announcements from Aimia that envision more redemption options and greater flexibility. We said back in Jan:
We believe that the most likely outcome for Aimia post 2020 would be a full-service outsourced loyalty program, similar to Air Miles, that has multiple