Air Canada’s Aeroplan is about to get more expensive. Starting June 1, 2026, the program will roll out updated award charts. And while it isn’t as painful as recent devaluations like Hyatt’s latest changes—and some award bands will even cost less—most redemptions are heading in the wrong direction.

If you’ve been sitting on a stash of Aeroplan points, now’s the time to take action.

 

What’s Changing in June 2026

The core structure of Aeroplan isn’t going anywhere. The program will continue to use a zone- and distance-based award chart. That means prices are based on both the regions you’re flying between (like North America, Atlantic, etc.) and the total distance of your trip.

From there, pricing varies by airline. Most partner awards follow fixed pricing within those distance bands, while flights on Air Canada (along with select partners like United Airlines, Emirates, Etihad Airways and flydubai) use dynamic pricing with “starting at” ranges.

• Many award bands are increasing, with some jumping as high as 20,000 points
• Long-haul premium cabins (especially business class) are taking the biggest hit
• Transatlantic and transpacific routes are among the most affected
• A small number of routes may drop by up to around 5,000 points, but these are the exception, not the rule

Aeroplan has long been a go-to program thanks to its strong partner network and relatively predictable pricing. But this update erodes some of that value, especially for the sweet spots many of us points enthusiasts have grown to rely on. The program will still offer solid value in certain cases, but the margin for getting great redemptions is thinning.

 

What You Should Do Now

If you’re planning a trip using Aeroplan points, booking sooner could save you a chunk of miles. With higher award pricing kicking in on June 1, locking in the current rates is the easiest way to get the most for your miles.

Partner awards are a good place to start. Since Aeroplan still uses fixed pricing for most partner flights, these bookings tend to offer some of the best value. And, unfortunately, they’re the ones most likely to see increases.

It’s also worth prioritizing premium cabin redemptions. Business- and first-class awards are seeing some of the steepest pricing changes. So if you’ve been eyeing a long-haul upgrade, now is the time to book.

If your plans aren’t set in stone, consider booking speculatively. Aeroplan has a flexible cancellation policy and allows mileage redeposits for a fee, giving you the option to lock in current pricing and adjust later if needed.

 

Bottom Line

This is a classic “book now, think later” moment. With award prices rising in June 2026, locking in current rates could stretch your points significantly further.

Wait too long, and that same trip may cost you a lot more miles.