Aeroplan dropped its updated award chart effective June 1, 2026. The changes are a mixed bag: transatlantic and transpacific business class awards on partners got pricier, while short-haul intra-Europe and some intra-zone redemptions dropped. For those transferring from Chase Ultimate Rewards, Amex Membership Rewards, or Capital One—all at a clean 1:1 ratio—this is the moment to decide whether to burn points now or hoard them for later.
The biggest hits landed on long-haul routes. North America to Europe business class in the 4,001-6,000 mile band jumps from 70,000 to 75,000 points one-way on most partners, including Lufthansa, SWISS, Austrian, and United. That’s a modest but annoying 7% increase. First class took a harder knock, climbing from 100,000 to 120,000.[[1]](https://travel-on-points.com/air-canada-aeroplan-devaluation/)[[2]](https://upgradedpoints.com/news/air-canada-aeroplan-award-charts-june-2026/)
Transpacific fares got properly smacked. The classic 87,500-point sweet spot to Asia on carriers like ANA, Singapore Airlines, EVA Air, and Asiana in the 7,501-11,000 mile band is dead—now 102,500 points one-way. That’s a 15,000-point tax per direction, or 30,000 round-trip. Select partners see slightly smaller bumps in shorter Asia bands (75,000 to 85,000), but the net effect is the same: cash fares on good sales suddenly look less insane.[[3]](https://www.maxmilespoints.com/blog/aeroplan-award-chart-changes-2026)[[2]](https://upgradedpoints.com/news/air-canada-aeroplan-award-charts-june-2026/)
What Got Cheaper
Intra-Europe business class is the quiet winner. Flights under 1,000 miles drop from 15,000 to 12,500 points one-way. The 1,001-2,000 mile band falls from 25,000 to 22,500. Turkish Airlines positioning flights across the continent just became a better deal, and you can stitch together some genuinely cheap intra-Europe hops to set up larger itineraries.[[1]](https://travel-on-points.com/air-canada-aeroplan-devaluation/)
Some longer intra-Atlantic and intra-Pacific bands on Air Canada and select partners (think United) also saw modest relief in certain distance tiers. The overall trend, though, favors the house on premium long-haul.
Stopovers and Open-Jaws
Nothing changed here. You can still add one free stopover per direction and book open-jaws with pricing based on total distance flown. This remains one of Aeroplan’s better features compared to stingier programs. Use it while it lasts—especially on the surviving shorter awards.
Surviving Sweet Spots Under 70K One-Way (or Close Enough Round-Trip)
A few gems dodged the axe or stayed reasonable:
- Intra-Europe business: 12,500–22,500 points one-way on Turkish, Lufthansa Group carriers, or United. Round-trip under 50K is trivial now.
- North America to short-haul Atlantic: Some sub-4,000 mile awards start as low as 32,500–42,500 on select partners. Not quite the old 60K Europe standard, but workable from the right Canadian or East Coast gateway.
- NA to Hawaii or short Caribbean in business: Still in the 40K–55K range on United Polaris where availability exists.
- Europe to Asia positioning: The cheaper intra-Europe rates make multi-city routings via Istanbul or Frankfurt more attractive than before.
The 70K-ish round-trip transatlantic business sweet spot is effectively gone on many routes unless you find the lowest bands or fly off-peak on Air Canada metal. Anything involving ANA’s “The Room” or Singapore Suites from the US West Coast now starts north of 100K one-way in most cases. Ouch.[[4]](https://awardlocker.com/blog/aeroplan-sweet-spots-2026)[[5]](https://awardtravelfinder.com/aeroplan-sweet-spots)
Lufthansa First Class awards got hit hard enough that they’re rarely the value play anymore. Turkish business across longer distances held up better than expected but still isn’t the giveaway it once was on certain bands.
What You Should Do
Book anything long-haul in business or first that you actually want before June 1. The window is closing fast—lock in the old 70K Europe or 87.5K Asia rates while you can, even if it means putting down a refundable cash ticket as backup. Transfer points from Chase, Amex, or Capital One only when you have a specific trip in mind; don’t park them in Aeroplan indefinitely.
After June 1, pivot to the new cheap intra-Europe rates for creative routings and stopovers. Consider whether 102,500-point Asia redemptions still beat cash when business class fares dip below $4,000 round-trip. They often won’t.
Bottom line: Aeroplan remains useful, just less magical on the routes that made its reputation. Use it surgically on the surviving short-haul and positioning awards, and don’t sleep on the current chart while it’s still alive.
Action item: Scan your calendar for any 2026 business class trip to Europe or Asia. Search and book before June 1, or accept that your points just got a quiet demotion.