Response to Aimia rejecting proposal to acquire Aeroplan program

TD recently participated in a proposal by Air Canada, TD, and other interested parties to acquire the Aeroplan Program. The proposal, enhanced from the original offer, would have provided the best outcome for all Aeroplan members.TD believed that the proposed transaction, if completed, would have provided value and continuity for millions of Aeroplan members, including TD customers. Aimia rejected this proposal. 

We are currently evaluating next steps and are committed to keeping our customers informed in order to provide them with the customer experience they expect as a TD credit card holder.

Click here for the news release.