EconomyBlackstone Leads $1.8 Billion Deal for Air Canada Loyalty Plan Stake
Blackstone Inc. and a group of Canadian pension funds are set to purchase a 25% interest in Air Canada’s Aeroplan loyalty program. The transaction is valued at C$2.5 billion, equivalent to about $1.8 billion. It gives the investors a substantial minority stake in the airline’s loyalty business.
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Bloomberg News★★☆☆☆2026-08-12 09:00Original
Blackstone Leads $1.8 Billion Deal for Air Canada Loyalty Plan Stake
Economy