RE:RE:RE:RE:RE:Takeover of Aimia in the works not just AeroplanAll good points, minor game theory exercise would equate that selling Aimia off in whole is both AIM and ACs best move...but, when does anybody play their best hand. Additonal factors, greed, human action, ego etc.
An AIM transaction in whole frees AC from loyalty competition, additional aspects are wild cards.
Air Canada owning a ~49 percent stake in PLM a competitors (Aeromexico) loyalty rewards co would be very interesting... and, at what price would be 'best' for shareholders??
Comfort also resides that Mittlemen (a large, ~17-18 percent shareholder) has incentive alignment with retail shareholders. Added 25 percent to position.