Air Canada Aeroplan Devaluation History

By Bryce Casson, Founder · Cardocrat · Updated August 2026
The short answer: Air Canada Aeroplan overhauled its program in 2020 with a distance-based chart that was widely praised, but in its June 2026 update it devalued premium-cabin awards by 20 to as much as 67 percent. It was not a blanket cut, some economy awards got cheaper, but long-haul business and first to Europe and Asia took the biggest increases.

The well-regarded 2020 overhaul

When Aeroplan relaunched in 2020, it introduced a distance-based flight reward chart with generous stopovers and broad partner access, and the points community largely praised it as one of the better programs. That goodwill made the 2026 changes sting more, because Aeroplan had been a benchmark for a fair, chart-based program. See Aeroplan guide.

The June 2026 devaluation

Effective June 1, 2026, Aeroplan updated its chart with more increases than decreases, concentrated in premium cabins. Transatlantic and transpacific business and first class rose 20 percent to nearly 67 percent: US to Europe business went from 70,000 to 75,000 points and first from 100,000 to 120,000, with longer routes hit harder. Some economy awards actually got cheaper, so it was a targeted devaluation aimed at the highest-value redemptions. See award charts vs dynamic pricing.

What value remains

Aeroplan still uses a chart, still offers generous stopovers, and still has broad Star Alliance access, so it remains a strong program for partner awards and multi-city trips, just less of a steal in premium cabins than before. Use it for stopover-rich itineraries and partner business when the new prices still beat alternatives. See EVA business guide and the devaluation overview.

See exactly what an award costs

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Frequently asked questions

Did Aeroplan devalue in 2026?
Yes. Effective June 1, 2026, Aeroplan raised premium-cabin award prices by 20 percent to nearly 67 percent on transatlantic and transpacific business and first class, though some economy awards got cheaper. It was a targeted devaluation.
Was the Aeroplan devaluation a blanket cut?
No. It hit long-haul premium cabins hardest, with US to Europe business rising from 70,000 to 75,000 points and first from 100,000 to 120,000, while several economy awards actually decreased in price.
Is Aeroplan still a good program?
Yes, just less of a steal in premium cabins. It keeps a distance-based chart, generous stopovers, and broad Star Alliance access, so it remains strong for partner awards and multi-city trips.
When did Aeroplan get its current chart?
In its 2020 overhaul, which introduced a well-regarded distance-based chart with generous stopovers. The June 2026 update was the first major devaluation to that chart.

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Bryce Casson

Written by Bryce Casson, Founder of Cardocrat. About the author and how we rank cards.