Blackstone is set to acquire a minority stake in Air Canada’s Aeroplan loyalty program for $2 billion, injecting fresh capital to help Air Canada offset rising fuel costs and weaker U.S. travel demand.

2026-08-11

Blackstone is set to acquire a minority stake in Air Canada’s Aeroplan loyalty program for $2 billion, injecting fresh capital to help Air Canada offset rising fuel costs and weaker U.S. travel demand.