Aim has to honour the already announced dividend, no matter how painful the drain is on their cash. Aim is a damaged brand. Many people are fleeing. If Aim cuts the announced dividend, it will drive the already low confidence level to the ground. Aim is in a crisis mode. They have to get through the next few weeks and months, and not be seen as a company about to go under. No AC will not come back to talk to Aim. Aim had its chance. The timing of AC announcing the breakup, shows something went really wrong in their negotiation, for AC to publicly humiliate Aim. They are not going back to the negotiating table.
Go to flyertalk. There are lots of people talking about how they already cancelled the aeropeso affiliated credit cards or will not renew. Most people are no longer using those CC's if they have alternatives. Lots of people are looking to redeem the aeropeso points asap, because there is very valid fear of ae devaluation or Aim bankrupcy.
Even our family members or friends who were not necessarily paying attention to aeropeso before, all have now heard of the possible demise. Yes some people are still collecting, but they also know it's better to redeem the points for flights they can find, rather than waiting longer.
There is the definitive deadline of June, 2020, when you can no longer book other Star Alliance flights. If Aim is still around close to that time, there'll be a rush to redeem and many people will be angry they cannot find seats, or are angry of the high scamcharges even when there are seats. There'll be huge public outcry. It will not be pretty for Aim, if they are still around.
Go to flyertalk. There are lots of people talking about how they already cancelled the aeropeso affiliated credit cards or will not renew. Most people are no longer using those CC's if they have alternatives. Lots of people are looking to redeem the aeropeso points asap, because there is very valid fear of ae devaluation or Aim bankrupcy.
Even our family members or friends who were not necessarily paying attention to aeropeso before, all have now heard of the possible demise. Yes some people are still collecting, but they also know it's better to redeem the points for flights they can find, rather than waiting longer.
There is the definitive deadline of June, 2020, when you can no longer book other Star Alliance flights. If Aim is still around close to that time, there'll be a rush to redeem and many people will be angry they cannot find seats, or are angry of the high scamcharges even when there are seats. There'll be huge public outcry. It will not be pretty for Aim, if they are still around.
