If you thought Black Friday was a record-setting online shopping day, then be prepared for Cyber Monday which is already underway.
Online commerce tracking expert Adobe Analytics predicts Cyber Monday is expected to be the biggest online shopping day in history in the US, generating $7.8 billion in sales, 17.3 % YoY growth. That’s with over $2 billion in online sales expected to come from smartphones alone. Adobe Analytics accurately predicted a record $6.22 billion was spent online by the end of Black Friday, an increase of 23.6% YoY. Proportionally Canada would be following similar ratios.
Air Canada will make it twice as hard to reach its Altitude Qualifying Status for 2017.
Starting next year, Aeroplan members will also have to achieve Altitude Qualifying Dollars (AQD) spending minimum dollars on ticket purchases, on a sliding scale, on top of the current AQM miles flown and AQS segments to achieve their overall Altitude Status.
The new requirement starts at $3,000 minimum spending on tickets for Prestige 25K up to $20,000 for 100K Super Elite.