How it works: Purchase of Miles Futura has to buy a minimum of miles from Aeroplan and another Miles vendor. Then the merchants buy the miles from Futura. So I assume that Futura received miles from Aeroplan, but did not pay for them yet.
In accordance with an agreement with Aeroplan, the Company is committed to purchase a minimum
quantity of Aeroplan Miles in 2012. The value of this commitment is approximately $666,000. In
accordance with an agreement with another Miles vendor, the Company is committed to purchase a
minimum quantity of Miles and pay certain fees in 2012. The value of this commitment is
approximately $605,500