RE:RE:RE:Aimia…Aeroplan…Air Canada…Non-Compete…No Go!Air Canada can have the clunker Aeroplan, the hard drive, the paperclips, the 5 million members, the employees to run Aeroplan etc.
But...no non-compete clause.
Aimia can gradually develop new loyalty programs, on a new and better hard drive, using new technology etc.
Aimia would go forward with a small team initially, use external consultants to develop these programs, and grow over time as it develops these new loyalty programs.
CassidyCassidyC...go comprehend that...
amugsgame wrote: CassidyCassidyC....Thank you! I now feel like I'm not the only one trying to knock a bit of sense into this lot. Many seem to believe that AIM will just hand the AP points over to AC on a hard drive with a thanks for the $450 mil. Then the next day all the AP employees will come back to work and instantly develop a new program. There seems to be no comprehension that when you buy a business or a division of a business you do so lock.stock and barrel complete with clauses that restrict the seller from entering into direct competition for a period of time or indefinetly. Hopefully you will have better luck convincing them.