Edition:
United Kingdom

Aimia Inc (AIM.TO)

AIM.TO on Toronto Stock Exchange

3.89CAD
19 Jul 2019
Change (% chg)

$0.05 (+1.30%)
Prev Close
$3.84
Open
$3.85
Day's High
$3.92
Day's Low
$3.85
Volume
238,873
Avg. Vol
864,539
52-wk High
$4.60
52-wk Low
$2.25

Latest Key Developments (Source: Significant Developments)

Mittleman Brothers Llc Responds To 33.3% Increase In Board Size Of Aimia
Tuesday, 16 Jul 2019 

July 16 (Reuters) - Aimia Inc ::MITTLEMAN BROTHERS LLC RESPONDS TO 33.3% INCREASE IN BOARD SIZE OF AIMIA INC. ONLY 17 DAYS AFTER AGM AND WITH NO INPUT FROM 23.3% SHAREHOLDER.MITTLEMAN BROTHERS - COMMENTED ON RECENT APPOINTMENT OF TWO NEW DIRECTORS TO AIMIA'S BOARD.MITTLEMAN BROTHERS - TWO NEW DIRECTORS WERE NOT PRESENTED TO OR ELECTED BY SHAREHOLDERS AT AIMIA'S AGM.  Full Article

Mittleman Brothers Confirms Removal Of PLM Premier CEO
Monday, 17 Jun 2019 

June 17 (Reuters) - Mittleman Brothers LLC::MITTLEMAN BROTHERS CONFIRMS REMOVAL OF PLM PREMIER CEO.MITTLEMAN INVESTMENT MANAGEMENT - CONFIRMED THAT, ON MAY 15 GRUPO AEROMÉXICO DISCLOSED THAT PLM PREMIER REMOVED ITS CEO, FRANCISCO SCHNAAS.  Full Article

Aimia Provides Update On Status Of Canadian Tax Audit
Monday, 25 Feb 2019 

Feb 25 (Reuters) - Aimia Inc ::AIMIA PROVIDES UPDATE ON STATUS OF CANADIAN TAX AUDIT.AIMIA INC - AIMIA HAS RECEIVED A 'FINAL LETTER FOR 2012 AND 2013 TAXATION YEARS' FROM CRA CONCLUDING ON THEIR AUDIT.AIMIA INC - ASSESSED AMOUNT IS EXPECTED TO BE APPROXIMATELY $30 MILLION IN INCOME TAXES PAYABLE IN ADDITION TO INTEREST PAYABLE OF UP TO $5 MILLION..AIMIA INC - WILL FUND AMOUNTS DUE UPON RECEIPT OF RE-ASSESSMENT FROM $100 MILLION RESTRICTED CASH ACCOUNT SET UP AS PART OF SALE OF AIMIA CANADA INC.  Full Article

Glass Lewis Recommends Aimia Shareholders Vote In Favour Of Aeroplan Transaction And Stated Capital Reduction
Wednesday, 19 Dec 2018 

Dec 18 (Reuters) - Aimia Inc ::GLASS LEWIS RECOMMENDS AIMIA SHAREHOLDERS VOTE IN FAVOUR OF AEROPLAN TRANSACTION AND STATED CAPITAL REDUCTION.IN REACHING ITS RECOMMENDATION, GLASS LEWIS NOTED "CERTAINTY OF VALUE FOR AEROPLAN BUSINESS" THAT A SALE WOULD BRING FOR COMPANY.AIMIA- GLASS LEWIS HAS RECOMMENDED CO'S SHAREHOLDERS VOTE FOR TRANSACTION RESOLUTION ON PROPOSED SALE OF AIMIA CANADA TO AIR CANADA.  Full Article

Aimia Announces Departure Of President And Chief Strategy Officer
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - Aimia Inc ::AIMIA ANNOUNCES DEPARTURE OF PRESIDENT AND CHIEF STRATEGY OFFICER.AIMIA INC - ANNOUNCED DEPARTURE OF NATHANIEL FELSHER, PRESIDENT & CHIEF STRATEGY OFFICER.  Full Article

Aimia Inc Appoints Nathaniel Felsher As President
Monday, 27 Aug 2018 

Aug 27 (Reuters) - Aimia Inc ::AIMIA INC. APPOINTS NATHANIEL FELSHER AS PRESIDENT & CHIEF STRATEGY OFFICER.AIMIA INC - NATHANIEL FELSHER JOINS CO FROM DEUTSCHE BANK.  Full Article

Aeroplan And Flair Airlines Announce Preferred Partnership
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Aimia Inc ::AEROPLAN AND FLAIR AIRLINES ANNOUNCE PREFERRED PARTNERSHIP.AEROPLAN SAYS AIMIA AND FLAIR AIRLINES ANNOUNCED A PREFERRED PARTNERSHIP THAT WILL SEE AEROPLAN BECOME FLAIR'S LOYALTY PROGRAM.AEROPLAN - STARTING JULY 2020, MEMBERS WILL BE ABLE TO BOTH EARN CO'S MILES WHEN BOOKING FLIGHTS ON FLAIR ROUTES & REDEEM FOR FLIGHTS AT FIXED-RATE FARES.  Full Article

Aimia Q2 Revenue Rose 3.9 Percent To C$375.4 Mln
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Aimia Inc ::AIMIA REPORTS SECOND QUARTER 2018 RESULTS.Q2 REVENUE ROSE 3.9 PERCENT TO C$375.4 MILLION.QTRLY EARNINGS PER COMMON SHARE FROM CONTINUING OPERATIONS $0.04.QTRLY ADJUSTED NET EARNINGS PER COMMON SHARE FROM CONTINUING OPERATIONS $0.33.GUIDANCE FOR YEAR ENDING DECEMBER 31, 2018, PROVIDED IN FEBRUARY 2018, REMAINS UNCHANGED.  Full Article

Aimia Rejects $180 Million Aeromexico Offer To Acquire PLM Stake
Thursday, 26 Jul 2018 

July 26 (Reuters) - Aimia Inc ::AIMIA REJECTS US$180 MILLION AEROMEXICO OFFER TO ACQUIRE PLM STAKE.AIMIA REJECTS US$180 MILLION AEROMEXICO OFFER TO ACQUIRE PLM STAKE.AIMIA INC - REJECTED OFFER AS IT BELIEVES THAT ITS STAKE IN PLM IS WORTH "SIGNIFICANTLY" MORE THAN OFFER PRICE.AIMIA INC - CONFIRMS IT GOT NON-BINDING OFFER FROM GRUPO AEROMEXICO S.A.B. DE C.V. TO ACQUIRE CO'S 48.855% STAKE IN PLM PREMIER, S.A.P.I. DE C.V..AIMIA INC - FORMALLY NOTIFIED AEROMEXICO THAT OFFER HAS BEEN REJECTED.  Full Article

Aimia qtrly adjusted net earnings per common share C$0.11​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Aimia Inc ::Aimia reports third quarter 2017 results.Aimia Inc - qtrly ‍total revenue C$452.1 million versus C$503.6 million​.Qtrly adjusted net earnings per common share C$0.11​.Aimia Inc - qtrly ‍loss per common share C$0.26​.Aimia Inc - sees 2017 adjusted EBITDA margin for core business to be around 13.0 percent​.Aimia Inc - ‍business simplification on track to deliver annualized savings of $70 million from 2019, with expected savings of around $9 million in Q4 of 2017​.Aimia Inc says ‍costs and cash expense related to previously identified restructuring actions are expected to be between $20 million and $25 million in 2017​.  Full Article

PRESS DIGEST- Canada-July 17

July 17 The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.