Aviation.ca - Your Number One Source for Canadian Aviation News, Jobs and Information!

Montreal, QC – August 11, 2010 – Groupe Aeroplan Inc. (TSX: AER) announced today that it has received approval from the Toronto Stock Exchange respecting its notice of intention to amend its current normal course issuer bid upwards for an increased number of its common shares through the facilities of the Toronto Stock Exchange, or by other means as may be permitted by the TSX, such as prearranged crosses, exempt offers, private agreements or block purchases, during the period from May 14, 2010 to no later than May 13, 2011, in accordance with the applicable regulations of the Toronto Stock Exchange. Groupe Aeroplan has been authorized to purchase up to 19,983,631 of its common shares, or approximately 10% of the public float of 199,836,311 common shares as at May 11, 2010, in such twelve-month period. As at August 11, 2010 there were approximately 195,233,446 common shares issued and outstanding.

Montreal, QC, August 11, 2010 – Groupe Aeroplan Inc. (TSX: AER) announced today that the Board of Directors has declared a quarterly dividend of $0.125 per common share, payable on September 30, 2010 to shareholders of record at the close of business on September 16, 2010.

TORONTO, Aug. 11 2010- The Greater Toronto Airports Authority (the "GTAA") today reported its financial and operating results for the six-month period ending June 30, 2010. Aviation activity continued to improve through the second quarter of 2010 with a total of 15.4 million passengers processed at Toronto Pearson International Airport in the first six months of 2010, a 3.8 per cent increase compared to the same period in 2009. For the three-month period ended June 30, 2010, passenger traffic increased by 6.6 per cent when compared to the second quarter of 2009. When compared to the first six months of 2009, during the first half of 2010 air carriers operating at Toronto Pearson have increased (on a net basis) service on a total of 25 routes representing either entirely new destinations served or increases in capacity on existing routes.

Capitalizing on past work In London, Dubai and New York, the GTAA is pleased to announce that Christchurch International Airport in New Zealand (CIAL) is the latest airport to make use of our Consulting Services group as part of the opening of their new terminal.

Montreal, August 11, 2010 – CAE today reported financial results for the first quarter ended June 30, 2010. Net earnings were C$39.4 million (C$0.15 per share), compared to C$27.2 million (C$0.11 per share) in the first quarter of last year, which included an after-tax restructuring charge of C$18.9 million (C$0.07 per share). Revenue was C$366.7 million, 4% lower compared to C$383.0 million in the first quarter last year. All financial information is in Canadian dollars.