Aeroplan Logo (2004-2020)
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Aeroplan Logo (2004-2020)
Aeroplan is a coalition loyalty program 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. On May 11, 2017, Air Canada announced it plans to launch a new loyalty program to replace the Aeroplan program in 2020. On August 21, 2018, Air Canada, along with TD, CIBC and Visa, agreed to acquire Aeroplan from Aimia for CA$450 million in cash. There are approximately 5 million active members in the program. On August 11, 2020, Air Canada released details about its new loyalty program, which was a relaunch of Aeroplan. In recent years, Aeroplan has evolved into a loyalty marketing program with retail partners such as Home Hardware, Birks and Nestlé Canada. Aeroplan is also used by Air Creebec, Canadian North, Calm Air, and First Air. Internally, Aeroplan has deployed the MicroStrategy platf ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Calm Air
Calm Air International LP. is a full service airline, offering passenger, charter and freight services in northern Manitoba and the Kivalliq Region of Nunavut. It is owned by Exchange Income Corporation with its main base in Winnipeg, Manitoba. History The airline was established and started operations in 1962. It was founded by Carl Arnold Lawrence Morberg (1936-2005) and his wife, Gail, as a charter service in northern Saskatchewan. In 1976 it took over the Transair passenger service in the Northwest Territories. In 1981, Calm Air took over many of the passenger and cargo routes of Lamb Air. Canadian Airlines acquired a 45% holding in Calm Air in 1987. On April 8, 2009 Calm Air was purchased by the Exchange Income Corporation (EIC) which also owns Perimeter Aviation, PAL Airlines, Bearskin Airlines, Custom Helicopters and Keewatin Air. Airline partnerships Calm Air has codeshare agreement with Canadian North. Destinations As of September 2018, Calm Air operates daily ...
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Air Canada Rouge
Air Canada Rouge, ''Rouge'' meaning "red" in French, is a subsidiary of Air Canada. It is fully integrated into the Air Canada mainline and Air Canada Express networks; flights are sold with AC flight numbers but are listed as "operated by Air Canada Rouge" (similar to regional flights operated under the Air Canada Express banner). History The airline was launched in December 2012 and began services on July 1, 2013. The first destination was Athens, Greece, from Toronto and Montreal, as part of the Air Canada Leisure Group to compete more efficiently with Air Transat, Sunwing, and WestJet in the leisure and vacation travel market, largely operating routes to Europe, the Caribbean, and the United States. At the time of the launch, it had a fleet of four aircraft, two Airbus A319s and two Boeing 767s, transferred from the parent company. Its fleet expanded to 28 aircraft within 18 months and was expected to reach 16 Boeing 767s, 20 Airbus A319s and five Airbus A321s by ...
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Air Canada Express
Air Canada Express is a brand name of regional feeder flights for Air Canada that are subcontracted to other airlines. As of March 2021, Jazz Aviation is the sole operator of Air Canada Express. They primarily connect smaller cities with Air Canada's domestic hub airports and focus cities, although they offer some point-to-point and international service to the United States. History On April 26, 2011, it was reported that Air Canada decided to retire the Air Canada Jazz brand and created the Air Canada Express brand. Prior to establishing the Express name, the flights operated primarily under the Air Canada Jazz or Air Canada Alliance banners. As of January 2020, Air Georgian no longer provides services under the capacity purchase agreement. Those services were transferred back to Jazz Aviation. On March 1, 2021, it was also announced that Sky Regional would also no longer provide services under the capacity purchase agreement and therefore Jazz Aviation would become the s ...
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Air Miles
Air Miles is a group of loyalty programs operated by different companies in each region where the brand operates. The programs are available in Canada, the Netherlands and the Middle East. Points are earned on purchases at participating merchants and can be redeemed against flights with specific airlines. History The Air Miles concept was created by Sir Keith Mills, and began operating in the UK in November 1988. British company Loyalty Management Group (LMG) operated the program and licensed the rights to it in other countries to other operators. LMG was later acquired by Canadian firm Group Aeroplan, now Aimia, which retains the intellectual property associated with the Air Miles name and logo internationally, and is the majority partner in the Air Miles program in the Middle East. In all other countries in which Air Miles programs operate, Aimia is the licensor and is not involved in program operation. In Canada, Air Miles competes directly with Aimia's former program, A ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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ACE Aviation Holdings
ACE Aviation Holdings Inc. is a Canadian holding company that is the former parent company of Air Canada. It is headquartered in Montreal. In 2012, the company signified its intent to dissolve, but is still undergoing liquidation as of 2020. History ACE Aviation Holdings was created as Air Canada emerged from bankruptcy in 2004; By the end of 2005, ACE completed restructuring and achieved reduced costs through outsourcing, automation and process simplification. One of the more significant changes was the merging of its six small airlines into Air Canada and Air Canada Jazz. ACE was not only a solution to Air Canada's bankruptcy, but also a strategic move by Robert Milton to create a portfolio of independent air transportation services companies out of what was Air Canada. Among the companies in addition to Air Canada which was taken public after formation of ACE was the frequent flyer program Aeroplan. Aeroplan's initial public offering valued the company at , which was several ...
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Aeroplan Logo (2004-2020)
Aeroplan is a coalition loyalty program 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. On May 11, 2017, Air Canada announced it plans to launch a new loyalty program to replace the Aeroplan program in 2020. On August 21, 2018, Air Canada, along with TD, CIBC and Visa, agreed to acquire Aeroplan from Aimia for CA$450 million in cash. There are approximately 5 million active members in the program. On August 11, 2020, Air Canada released details about its new loyalty program, which was a relaunch of Aeroplan. In recent years, Aeroplan has evolved into a loyalty marketing program with retail partners such as Home Hardware, Birks and Nestlé Canada. Aeroplan is also used by Air Creebec, Canadian North, Calm Air, and First Air. Internally, Aeroplan has deployed the MicroStrategy platf ...
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Star Alliance
Star Alliance is the world's largest global airline alliance. Founded on 14 May 1997, its CEO is Jeffrey Goh and its headquarters is located in Frankfurt am Main, Germany. , Star Alliance is the largest of the three global alliances by passenger count with 762.27 million, ahead of both SkyTeam (630 million) and Oneworld (528 million). Its slogan is "The Way the Earth Connects". Star Alliance's 26 member airlines operate a fleet of approximately 5,033 aircraft, serving more than 1,290 airports in 195 countries on more than 19,000 daily departures. The alliance has a two-tier rewards program, Silver and Gold, with incentives including priority boarding and upgrades. Like other airline alliances, Star Alliance airlines share airport terminals (known as co-locations) and many member planes are painted in the alliance's livery. History 1997–1999: First alliance On May 14, 1997, an agreement was announced forming the Star Alliance with five airlines on three contin ...
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Toronto-Dominion Bank
Toronto-Dominion Bank (french: links=no, Banque Toronto-Dominion), doing business as TD Bank Group (french: links=no, Groupe Banque TD), is a Canadian Multinational corporation, multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank and its subsidiaries are commonly known as simply TD and trading under the name ''Toronto-Dominion Bank.'' The bank was created on February 1, 1955, through the merger of the Bank of Toronto and The Dominion Bank, which were founded in 1855 and 1869; respectively. It is one of two Big Five (banks), Big Five banks of Canada founded in Toronto, the other being the Canadian Imperial Bank of Commerce. The TD Bank Society for Worldwide Interbank Financial Telecommunication, SWIFT code is TDOMCATTTOR and the TD institution number is 004. In 2021, according to Standard & Poor's, TD Bank Group was the largest bank in Canada by total assets and also by market capitalization, a top-10 bank in North America, and the ...
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AMEX Bank Of Canada
American Express Company (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The company's logo, adopted in 1958, is a gladiator or centurion whose image appears on the company's well-known traveler's cheques, charge cards, and credit cards. During the 1980s, Amex invested in the brokerage industry, acquiring what became, in increments, Shearson Lehman Hutton and then divesting these into what became Smith Barney Shearson (owned by Primerica) and a revived Lehman Brothers. By 2008 neither the Shearson nor the Lehman name existed. In 2016, credit cards using the American Express network accounted for 22.9% of the total dollar volume of credit card transactions in the United States. , the company had 121.7million cards in force, including ...
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