Aeroplan devalues again: 32 partner award increases took effect June 1

Aeroplan members got their second jolt of 2026. Air Canada published an updated flight reward chart that, for bookings made on or after June 1, 2026, raised the points required on a swath of partner awards. If your points balance suddenly buys a little less, this is why.

What actually changed

According to the updated chart, the move was 32 partner award increases against 9 decreases. The pain was not spread evenly:

• Business and First class redemptions went up across the board, in some cases by as much as 20,000 points per ticket. Air Canada's own example shows a route moving from 100,000 to 130,000 points.
• Economy pricing was largely left alone, so the most common redemptions are mostly intact.
• A handful of awards actually got cheaper, which is worth checking before you assume everything went the wrong way.

The headline is a devaluation, but the precise word is "rebalancing." The premium-cabin sweet spots that made Aeroplan a favourite did not disappear; they moved and, at the top end, got pricier.

This is the second change of the year

Do not confuse this with January. On January 1, 2026, Aeroplan shifted to revenue-based earning (you earn points in proportion to what you pay, not distance flown) and added an option to buy your way to 50K Elite status. That was an earning change. June's update is a redemption change. Together they reset both halves of the Aeroplan value equation in a single year.

What to do about it

• Re-price before you book. The static chart is a guide; Air Canada prices many awards dynamically, so confirm the live number on the official site.
• Lean into what still books cheap. Long-haul partner economy and many short-haul awards remain strong value per point.
• Reassess your card. If you carry an Aeroplan card mainly for premium redemptions, run the new math on whether the annual fee still earns its keep.

For the full breakdown of the 2026 changes, see our cited guide on the Aeroplan award chart changes and our Aeroplan points value estimate. Offers and award pricing change constantly, so verify every figure on Air Canada's own pages before booking. Nothing here is financial advice.