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Aimia Inc (AIM.TO)

AIM.TO on Toronto Stock Exchange

4.00CAD
19 Oct 2018
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Latest Key Developments (Source: Significant Developments)

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

Aimia qtrly EPS C$0.04
Thursday, 11 May 2017 

May 11 (Reuters) - Aimia Inc :Aimia reports first quarter 2017 results and updates on status of discussions with Air Canada.Reconfirmed 2017 guidance.Qtrly total revenue C$524.8 million versus C$570.1 million.Qtrly earnings per share $0.04.Recent discussions lead Aimia to belief that Air Canada does not currently intend to renew aeroplan partnership expiring in June 2020.Exploring post-2020 alternatives.Rupert Duchesne to retire, with interim group chief executive David Johnston to assume role permanently.Newly adopted dividend policy targets future dividend payout ratio linked to cashflow generation.Says material reduction in capital expenditures is also planned for 2018.Aimia says also reviewing business units and investments on basis of their medium-term ROIC contribution; this may lead to further asset sales.All figures in C$.  Full Article

UPDATE 4-Gol buyout plan wipes 39 pct off Smiles market cap, prompts Brazil inquiry

SAO PAULO, Oct 15 Brazilian airline Gol Linhas Aéreas Inteligentes SA on Monday announced a plan to buy out minority shareholders in its loyalty program Smiles Fidelidade SA for an undisclosed price, battering the unit's shares and prompting regulatory scrutiny.