Skip to main content

Deals

Blackstone-led consortium acquires 25% stake in Air Canada’s Aeroplan for $1.8bn

Wednesday, August 12, 2026 · first reported by Private Equity Wire

Blackstone-led consortium acquires 25% stake in Air Canada's Aeroplan loyalty program for C$2.5B ($1.8B), valuing Aeroplan at CAD10B; consortium includes Caisse de dépôt et placement du Québec, PSP Investments, and BC Investment Management Corp.

Deal value
$1.8B
Asset class
Private equity
Geography
North America

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

Coverage

1 source

More on Blackstone

Everything on this firm →