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Macro Finance

Blackstone Strikes $1.8 Billion Deal for Air Canada Loyalty Unit

Bloomberg Markets·August 11, 2026·1 min read

Blackstone Inc. and a group of Canadian pension funds are buying a 25% stake in Air Canada’s Aeroplan loyalty program for C$2.5 billion ($1.8 billion). The deal values the loyalty unit at a significant premium, reflecting strong investor interest in travel rewards assets.

Read at Bloomberg Markets
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