Air Canada has quietly posted an ominous note on its website: "As of June 1, 2026, we’re making a few changes to the number of points you may need to redeem for a reward." While this isn't a total "points-pocalypse," it is a classic devaluation that will hit the most popular bucket-list routes the hardest.
The real bread and butter of the Aeroplan program is using points to book partner airlines within the Star Alliance. Unfortunately, according to the Thrifty Traveler, that’s exactly where the biggest price jumps are happening:
The Europe Business Class Shuffle: Popular business class flights to Europe (think TAP Air Portugal or Austrian Airlines) are jumping from 70,000 to 75,000 miles each way.The First Class Premium: If you were eyeing a seat in the world-famous Lufthansa First Class, get ready to dig deeper. Those redemptions are soaring from 100,000 to 120,000 points.The Asia Stretch: Long-haul flights to Asia are seeing an 8% to 13% increase, meaning a 75,000-point business class seat will soon set you back 85,000 points.Where You Still Win
It’s not all bad news. In a surprising twist, Air Canada is actually making some short-haul travel a bit cheaper to help balance the scales. The shortest partner-redemption economy flights to Europe are dropping by about 7%, and some intra-Europe business class hops are also seeing a price dip. Plus, if you're flying out of East Coast hubs like Boston or New York, many of those 60,000-point sweet spots to Europe are staying exactly where they are.
How to Outsmart the Price Hikes
Related: How to Book a Quick, Last-Minute 'Points-Cation' Without Getting Burned
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