Aimia and Grupo Aeromexico announce agreement in principle

Aimia to acquire from Grupo Aeromexico an additional 20% equity participation 
in Premier Loyalty & Marketing, owner and operator of Club Premier, Mexico's 
leading coalition loyalty program 
MONTREAL and MEXICO CITY, Oct. 29, 2012 /CNW Telbec/ - (TSX: AIM) (BMV: 
Aimia Inc. ("Aimia") and Grupo Aeromexico ("Grupo Aeromexico" or 
"Aeromexico"), S.A.B. de C.V. are pleased to report that they have reached an 
agreement in principle in connection with the acquisition by Aimia of an 
additional 20% equity participation in Premier Loyalty & Marketing, S.A.P.I. 
de C.V. ("PLM"), owner and operator of Club Premier, Mexico's leading 
coalition loyalty program. 
PLM's fair value has been established at US$518 million and Aimia will pay 
US$88 million, which includes a discount agreed to at the time of Aimia's 
initial investment in PLM in September of 2010. The transaction is subject 
to customary closing conditions, including the execution of definitive 
agreements and Mexican regulatory approvals, and is expected to close before 
the end of 2012. 
After closing, Aimia's and Grupo Aeromexico's equity participations in PLM 
will approximate 49% and 51%, respectively. 
Aimia and Grupo Aeromexico will continue their close collaboration and support 
of PLM's management team in the execution of their strategy to enable PLM to 
achieve its full potential as Mexico's leading coalition loyalty program. 
"PLM's exceptional performance is the result of a strong partnership at the 
shareholder level and flawless execution by its very talented management 
team," said Rupert Duchesne, Group Chief Executive of Aimia. "We are thrilled 
with PLM's progress over the last two years. This provides clear evidence of 
the strength and portability of the Aeroplan-derived business model. The 
success of this partnership confirms our strategic vision in entering this 
important market and choosing the right partner in Grupo Aeromexico, the 
undisputed leading Mexican carrier." added Duchesne. 
Andrés Conesa, Chief Executive Officer of Grupo Aeromexico added: "This 
transaction reflects Aimia's confidence, not only in PLM and in Grupo 
Aeromexico's future, but also in the favourable outlook for the Mexican 
economy and Mexico's consumer sector, which will fuel our future growth. By 
partnering with clear industry leaders, we have been able to create and unlock 
significant value for our shareholders." 
RBC Capital Markets acted as advisor to Aimia in the transaction, while 
Citibank advised Grupo Aeromexico. 
About Aimia 
Aimia Inc. ("Aimia") isaglobal leader in loyalty 
management.Aimia'sunique capabilities include proven expertise in 
delivering proprietary loyalty services, launching and managing coalition 
loyalty programs, creating value through loyalty analytics and driving 
innovation in the emerging digital and mobile spaces.Aimiaowns and 
operates Aeroplan,Canada'spremier coalition loyalty program andNectar, 
theUnited Kingdom'slargest coalition loyalty program. In addition,Aimia 
has majority equity positions in Air Miles Middle East and Nectar Italia as 
well as a minority position in Club Premier,Mexico'sleading coalition 
loyalty program and Cardlytics, a US-based private company operating in 
merchant-funded transaction-driven marketing for electronic banking. 
Aimiais a Canadian public company listed on theToronto Stock 
Exchange(TSX: AIM) and has over 3,400 employees in more than 20 countries 
around the world. For more information aboutAimia, please 
Follow us on Twitter:!/aimiainc. 
About Premier Loyalty & Marketing, S.A.P.I. de C.V. 
Premier Loyalty & Marketing, S.A.P.I. de C.V. owns and operates Club Premier, 
the first frequent flyer program established in Latin America and Mexico's 
leading coalition loyalty program. The company's objective is to reward the 
preference and loyalty of Club Premier's members through the accrual and 
redemption of Premier Kilometers. Members earn Premier Kilometers for flying 
with Aeromexico, Aeromexico Connect, SkyTeam airlines, and other airlines; for 
using American Express and Banamex co-branded credit cards; from converting 
loyalty currency issued by other premium credit cards into Premier Kilometers 
or by purchasing a variety of goods or services from their favourite retailers 
and service providers who are participating loyalty partners. While members 
primarily redeem their Premier Kilometers for flights on Aeromexico and other 
affiliated airlines, they can also exchange them for a wide variety of 
catalogue and experiential rewards available through 
About Grupo Aeromexico 
Grupo Aeromexico, S.A.B. de C.V. is a holding company whose subsidiaries are 
engaged in commercial aviation in Mexico and the promotion of passenger 
loyalty programs. Its fleet includes Boeing 777, 767 and 737 aircraft and the 
latest Embraer 145, 170 and 190 models. The carrier announced a major 
expansion plan in 2011 to acquire 20 new and wholly owned aircraft including 
ten Embraer 190 and ten Boeing 737-8 NG airplanes. Aeromexico will take 
delivery of nine 787-8 Dreamliners over the next three years. Moreover, in 
2012, Aeromexico announced the most significant fleet investment program in 
Mexican aviation history: the acquisition of 100 new aircraft, including 90 
Boeing 737-8MAX and 10 Boeing 787-9 Dreamliner airplanes. 
Grupo Aeromexico operates its main hub out of Terminal 2 in the Mexico City 
International Airport, and offers over 550 daily flights to different cities 
in Mexico, the United States, Canada, Central and South America, Europe and 
Aeromexico is a founding member of SkyTeam, the global airline alliance 
partnering 18 airlines: Aeroflot, Aerolíneas Argentinas, Air Europa, Air 
France, Alitalia, China Airlines, China Eastern, China Southern, CSA Czech 
Airlines, Delta Air Lines, Kenya Airways, KLM Royal Dutch Airlines, Korean 
Air, Middle East Airlines, Saudia, TAROM Romanian Air Transport and Vietnam 
Airlines. SkyTeam offers all partner airline passengers a large global network 
with more destinations and frequencies, and improved connectivity. Passengers 
can earn and redeem miles through the different airline partners' loyalty 
programs and enjoy the benefits offered at SkyTeam's 520 VIP airport lounges 
around the world. SkyTeam offers its 537 million annual passengers more than 
14.900 daily flights to 993 destinations in 186 countries 
Caution Concerning Forward-Looking Statements 
This news release contains forward-looking statements. These forward-looking 
statements are identified by the use of terms and phrases such as 
"anticipate", "believe", "could", "estimate", "expect", "intend", "may", 
"plan", "predict", "project", "will", "would", and similar terms and phrases, 
including references to assumptions. Such statements may involve but are not 
limited to comments with respect to Aimia's and Grupo Aeromexico's strategies, 
expectations, planned operations, future actions, anticipated financial 
performance and business prospects. Forward-looking statements, by their 
nature, are based on assumptions and are subject to important risks and 
uncertainties. Any forecasts or forward-looking predictions or statements 
cannot be relied upon due to, amongst other things, changing external events 
and general uncertainties of the business and its corporate structure. Results 
indicated in forward-looking statements may differ materially from actual 
results for a number of reasons, including the other factors identified in 
this news release and throughout Aimia's and Grupo Aeromexico's public 
disclosure record on file with applicable securities regulatory authorities. 
Material factors and assumptions that were applied in drawing a conclusion or 
making a projection or forecast are also set out throughout this document. We 
believe that the expectations represented by our forward-looking statements 
are reasonable, yet there can be no assurance that such expectations will 
prove to be correct. The purpose of the forward-looking statements is to 
provide the reader with a description of management's expectations regarding 
the matters described in this news release and may not be appropriate for 
other purposes. The forward-looking statements contained herein represent the 
parties' expectations as of October 29, 2012, and are subject to change after 
such date. However, the parties disclaim any intention or obligation to update 
or revise any forward-looking statements whether as a result of new 
information, future events or otherwise, except as required under applicable 
securities regulations.  
Aimia  Media JoAnne Hayes 416-352-3706  Analysts & 
Investors Trish Moran 416-352-3728  Grupo Aeromexico  
Media Carlos Torres +52 (55) 9132 4128  Analysts & 
Investors Carlos Doormann +52 (55) 9132 4257 
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CO: Grupo Aeromexico
ST: Quebec
-0- Oct/29/2012 12:42 GMT
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