RE:RE:Aeroplan and Major Chinese Partner Would Be Good Too!Great comments below from "54568546846357". Also, Aimia/Aeroplan must think globally...China in particular.
Although Aeroplan presently has 5 million members, which is great...there is even greater potential in developing a global presence. For example, one city in China alone has a population of over 30 million people, almost more than all of Canada. China has a population of approx. 1.4 billion people and they idolize western culture. This presents a tremendous marketing/business opportunity for Aimia/Aeroplan.
There is lots of economic trade presently between Canada and China and a new trade agreement may be coming that will further enhance the economic trade between Canada and China.
justbull4u wrote: A major
CHINESE PARTNER may be interested in
AEROPLAN to create the
APPEARANCE of
WESTERN CULTURE and
IDENTITY for the Chinese company.
For context, the Chinese people admire (actually
IDOLIZE) western culture. Watch this short video (approx. 7 min) on how western foreigners are
RENTED in China in order to sell real estate to give the real estate development an appearance of western
INTERNATIONAL sophistication.
https://vimeo.com/126296261 justbull4u wrote: It would be nice if Aeroplan could LAND a major CHINESE PARTNER (yes...pun intended)! For example, the city of Chongqing in China has a population of just over 30 million people (wikipedia). This is almost more than all of Canada. I believe Aeroplan has approx. 5 million members (Aeroplan Fact Sheet). Aeroplan could grow exponentially with a partner in China with a population of 1.4 billion people.
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1. A new partner is not necessary for Aimia's future. They can just transition to a new program that does not have a major redemption partner and survive. Think Airmile America thye do not have a major partner and they are doing well. Just buy tickets at bulk price. Expedia, is also another bulk purchaser for example. 2. Not being tied to AC could be a good thing. Search what ppl are saying about Aeroplan and alot of members are complaining about the cost of redemption. These cost of redemptions are carrier based. If you redeem for Swiss, Luftansa, Brussels, United you dont pay these crazy fees. It could be a positive change for the program. 3.Aeroplan can transition into anything really. From Cryopto currency to positioning itself as a reward program for SMBs, partnering up with Amazon, Expedia. There are alot of possibilities. It is about being able to transition that the risk lives. 4.They have AeroMexicos 49% to back them up. AeroMexico could be the door to joingin Skyteam. With Skyteam and even a small domestic partnership aeroplan would be in a great position. 5.They could be bought out. There is a value associated to the 5M members and the cash in hand. They could very well be bought out by AC, WestJet, Loyalty One. At these levels i am sure they are all looking at it. This is why IMO the stock is a great value. There is a risk with it... there is no doubt about it. But the risk is about them being able to re-invent themselves. It's a hard enviroment. Their workforce needs to be on board, and they have to may have to start thinking less travel oriented an more reward oriented but they have 2 year to get there. Alot can happen in 2 years... I believe they can do it. They are in a great position to be successful. ] Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.aim&postid=27010646#Rh8VioB8ZQKGOtPQ.99