Full suite player in the global loyalty market

Aimia is a global leader in loyalty management offering a full suite of services including Coalition Loyalty, Proprietary Loyalty and Loyalty Analytics. The global loyalty market is poised for growth and we estimate it has the potential to grow to $100 billion by 2015 as loyalty marketing continues to replace traditional forms of marketing due to its measurability. Our consumer coalition brands include: Aeroplan, Canada’s premier coalition loyalty program; Nectar, the largest coalition program in the U.K. and Italy; and Air Miles Middle East, the region’s leading coalition program. Our proprietary loyalty service experts design, build and manage strategic customer initiatives and loyalty programs for individual clients around the globe and our loyalty analytics team collects, analyzes and derives actionable insight from customer data to deliver measurable marketing return on investment (ROI) for our clients and partners.

Strong durable free cash flow generation

Aimia generated Free Cash Flow* before dividends paid of $198 million in 2011 and $221 million in 2010. We remain committed to returning value to our common shareholders as we grow, and have returned over $900** million to our common shareholders over the past 5 years through dividends and a share repurchase program.

Aimia’s current annual dividend is $0.60 cents per common share payable quarterly.

* See Terms and Conditions of this website for the definitions of Adjusted EBITDA and Free Cash Flow.

** Includes distributions to unit holders when the Corporation was operating as an Income Trust.

Strong balance sheet and investment grade rating

At December 31, 2011, Aimia had $202.1 million of cash and cash equivalents, $15.1 million of restricted cash, $58.4 million of short-term investments and $279.7 million of long-term investments in bonds, for a total of $555.3 million.

The company has maintained its investment grade corporate credit rating since 2008 and is reviewed by Standard & Poor's Ratings Services and DBRS Limited, which have assigned ratings of BBB- and BBB, respectively.

Aeroplan Canada

Since its inception as Air Canada’s frequent flyer program 27 years ago, Aeroplan Canada has delivered and continues to deliver exceptional value to its members. Today, Aeroplan Canada is the premier coalition loyalty program in Canada with gross billings of more than $1 billion annually and over 4.6 million active members.

Nectar UK

Nectar UK is the largest and most popular loyalty program in the UK with over 18.5 million active members. Our partners include businesses, which are extremely popular in the sectors they serve, such as Sainsbury’s, British Gas, easyJet and Home Retail Group.

Nectar Italia

Launched in 2010, Nectar Italia’s membership base has already reached more than 8.5 million active members and has experienced steady growth in gross billings since its inception.

Air Miles Middle East

Aimia acquired a 60% majority stake in Air Miles Middle East in 2008 with HSBC owning the remaining 40% interest. We have partnered with over 120 market leading companies, including HSBC and today there are more than 1.3 million active members in the Middle East North Africa (MENA) region. We remain focused on managing the operating fundamentals in this region and are fully managing and operating stand-alone programs for HSBC in Egypt, Jordan, Lebanon and Oman.

Club Premier

As Aimia’s first investment in an international frequent flyer program, our investment in Club Premier represents a significant strategic milestone; it marks the first export of our company’s very successful Aeroplan Canada business model. Mexico is a high growth market and one of the target countries of our global expansion strategy. This investment not only provides us with a stepping stone into the very important Latin American market, but it also reinforces our position as a global leader in loyalty management, allowing us to participate in the transformation of a frequent flyer program into a standalone, broad-based coalition loyalty program.

Club Premier is the leading coalition loyalty program in Mexico with 2.8 million active members and over 50 partners.

Club Premier is owned by Premier Loyalty & Marketing (PLM). PLM is a joint venture between Grupo Aeromexico (71% share) and Aimia (29% share).

Nectar Chile

In August of 2010, Aimia extended its business operations to Chile, South America. Aimia licensed its intellectual property expertise and coalition loyalty model to Cencosud, the largest domestically-owned retailer in Chile, to relaunch Cencosud's Circulo Mas loyalty program under the Nectar brand. Cencosud is one of the leading retailers in Latin America with presence in Argentina, Brazil, Chile, Colombia and Peru, and an annual turnover of US$11.6 billion in 2010. The use of one of Aimia’s proprietary loyalty engines in the Chilean market is the first example of Aimia’s ability to harness its technology to provide a low cost IT loyalty infrastructure for cost effective replication into other markets for both stand alone and coalition programs.

Positive change through the power of partnership

Aimia has a strong commitment to responsible, caring and ethical business practices, respect for the environment, and giving back to communities. Aimia companies each have a variety of local programs that are consistent with Aimia’s vision of social responsibility. Read more about Aimia's CSR activities in our Social Purpose section.