Market news: Blackstone Group (BX.N) is set to acquire a minority stake in Air Canada's Aeroplan loyalty program for $2 billion. This deal will inject new capital into Air Canada to address rising fuel costs and weak U.S. travel demand.
2026-08-11
Market news: Blackstone Group (BX.N) is set to acquire a minority stake in Air Canada's Aeroplan loyalty program for $2 billion. This deal will inject new capital into Air Canada to address rising fuel costs and weak U.S. travel demand.