Aimia reaches settlement agreement in Aeroplan expiry class action case
Aimia Inc. has agreed to settle a nine-year-old lawsuit over the expiry of Aeroplan mileage points and the closure of dormant Aeroplan accounts — setting the stage for a return of points to eligible members of the loyalty program.
Aimia will deposit a set amount of Aeroplan miles into the accounts of eligible members if a court approves a settlement agreement announced Friday.
Details about who is eligible to receive the points, and other specific information, aren’t being made public at this time because the settlement is subject to approval by the Superior Court of Quebec, Aimia said.
Merchant Law Group launched the national class action in July 2009, nearly three years after Aimia announced in October 2006 that it would change the rules for accumulating and redeeming Aeroplan miles.