RE:RE:RE:RE:RE:RE:3.13 # to watchrun33 wrote: StockGuru2k17 wrote:
look it up, its all in the financials. Only 10%. In fact Aeroplan is AC's biggest customer
I did. It's 60%. I suggest you look again.
Hint : Revenues are recorded when "points" are spent. Where are 60% of them spent?.
Class dismissed.
Extra special hint for those illiterate :
" Aimia's top four major Accumulation Partners account for a significant percentage of Gross Billings. Since Aimia’s revenues are recognized based on redemptions by members as opposed to the issuance of Loyalty Units to members by the Accumulation Partners, the information on major customers is based on total Gross Billings, which include proceeds from the sale of Loyalty Units and services rendered or to be rendered. Gross Billings for each Accumulation Partner represent the contracted amounts received or receivable from Accumulation Partners and customers during each period. "
I even highlighted it for you, if you reallllllyyyy need help.
CONTRACTUAL AND COMMERCIAL PRACTICES WITH AIR CANADA Air Canada, including other Star Alliance Partners, is Aimia’s largest Redemption Partner. The cost of rewards provided by Air Canada (and other Star Alliance Partners) as a percentage of total cost of rewards and direct costs is as follows: Three Months Ended March 31, 2017 2016 % % Air Canada (and other Star Alliance Partners) 60 50
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Bonus Bonus Hint : All contained in May 11th financials. Page 15.