CIBC seems to have come out of the Aeroplan coup d’etat staged by TD Bank not too badly. Earlier this year it looked as if TD had taken the concept away from CIBC lock, stock and airline points. Now it appears an arrangement to share the concept on their own cards has been worked out by the two banks with the owner of Aeroplan, Aimia Inc. This was a case the Big Guys deciding not to take on each other. You have to be a Little Guy to take on the Big Guys and there were no Little Guys in this deal. Canadian Press
