Groupe Aeroplan Inc. (Groupe Aeroplan) is an international loyalty management company. The Company owns Aeroplan Program, Canada’s loyalty program and Nectar, the United Kingdom’s coalition loyalty program. Groupe Aeroplan also operates Insight & Communication, an insight and data analytics company offering worldwide services to retailers and their suppliers. On January 17, 2008, the Company acquired additional 40% in Rewards Management Middle East (RMMEL). As of December 31, 2008, the Company owned 60% interest in RMMEL.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Groupe Aeroplan Inc.'s revenues decreased less than 1% to C$689.3M. Net income decreased 32% to C$50M. Revenue reflect a decrease in sales from Canada segment and a fall in sales from Europe & Middle East segments. Net income also reflects an increase in selling, general & administrative expenses, higher depreciation & amortization expenses and a decrease in interest income.
Company Address
Groupe Aeroplan Inc.
5100 de Maisonneuve Boulevard West Montreal QC H4A 3T2
P: +1514.2057042 F: +1514.2057578