Aeroplan is devaluing its partner award chart effective today, June 1, 2026. Most premium cabin redemptions are heading north — some by as much as 17% — but the damage isn’t uniform. Several business class sweet spots on Star Alliance carriers remain competitive, while others are quietly getting retired or priced into irrelevance. If you’ve been sitting on points from Amex or Capital One transfers, this is the last day to lock in the old rates.
The Biggest Hits
The North America to Pacific band (7,501–11,000 miles) took the hardest punch. Partner business class jumps from 87,500 to 102,500 points one-way — a 15,000-point tax on routes to Tokyo, Singapore, or Bangkok on ANA, Singapore Airlines, or EVA Air. That stings when you remember it used to be one of the program’s flagship values.[[1]](https://upgradedpoints.com/news/air-canada-aeroplan-award-charts-june-2026/)[[2]](https://onemileatatime.com/news/aeroplan-updating-award-chart-devaluation/)
Transatlantic business on the 4,001–6,000-mile band rises from 70,000 to 75,000 points. Lufthansa, SWISS, and Austrian flights from the East Coast to Europe now cost an extra 5,000 points each way. First class on the same routes climbs from 100,000 to 120,000. Not catastrophic, but enough to make you pause before transferring more points.[[3]](https://travel-on-points.com/air-canada-aeroplan-devaluation/)
Longer-haul and intra-Atlantic legs saw similar creep. The real insult is how uneven it feels: short-haul intra-Europe business actually dropped to 12,500 points under 1,000 miles. Someone at Aeroplan clearly has a sense of humor.
What Still Works in Business Class
Not everything got torched. Lufthansa First Class from North America to Europe in the shorter bands remains viable at the old pricing if you book today — still one of the few programs that reliably delivers it close to departure. Turkish Airlines continues to shine for its vast network and low surcharges on many routings; the devaluation barely touched certain Atlantic zones where it operates.[[4]](https://awardtravelfinder.com/aeroplan-sweet-spots)
ANA business class from the West Coast (think YVR or SFO to HND) holds at 55,000–65,000 points in some shorter Pacific bands — still better than most alternatives and with zero fuel surcharges. Singapore Airlines business space, when it appears, looks decent against United MileagePlus, which often prices the same seats dynamically higher or blocks them entirely.
Compare that to Avianca LifeMiles, which can beat Aeroplan on pure cash-plus-points cost for certain Lufthansa routes but offers far less availability and no stopover magic. Post-devaluation, Aeroplan’s edge narrows, but it hasn’t vanished. The program still feels like the pragmatic choice for anyone who actually wants to fly rather than collect spreadsheets.
Stopovers, Open-Jaws, and Booking Protection
Good news here: the 5,000-point stopover fee survives untouched. You can still add a free-ish night (or 45 days) in Europe or Asia on a one-way award. Open-jaws remain flexible, though you can’t combine a stopover at the open-jaw city itself. Rules look largely identical to yesterday.[[5]](https://www.maxmilespoints.com/blog/aeroplan-award-chart-changes-2026)
Awards booked or reissued before today are protected at the old rates. Change or cancel at your leisure; the new chart only applies to fresh bookings. That’s the real deadline staring at you right now.
The quiet retirement of certain ultra-sweet routings is the part that stings most. Those 87,500-point Asia redemptions weren’t broken — they were just too good to last in a world where dynamic pricing is creeping everywhere.
What You Should Do Today
Search for your target trips immediately. Book anything in business class to Europe or Asia that still prices at the old chart — especially Lufthansa First, ANA to Japan, or Turkish multi-city itineraries. Hold off on short-haul intra-Europe hops if you can; those actually improved.
After today, run the numbers against LifeMiles and MileagePlus before transferring. Aeroplan remains strong for complex routings and stopovers, but the gap has narrowed enough that blind loyalty is now expensive sentimentality.
Transfer points, search, book. The window is measured in hours, not weeks. Your future self — the one stretched out in a lie-flat seat over the Pacific — will thank you for not waiting.[[1]](https://upgradedpoints.com/news/air-canada-aeroplan-award-charts-june-2026/)