Air Canada: New Basic Fares in Premium Economy and Business Class

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Jean-Maximilien Voisine
Jean-Maximilien Voisine Jean-Maximilien Voisine
Jean-Maximilien Voisine is the President and Founder of Milesopedia and a leading expert in rewards programs, credit cards, and travel across Canada, France, and the U.S.A. Now 40 years old and a father of two, he has explored more than 100 countries—many of them alongside his wife Audrey and their children. Specializing in loyalty programs such as Aeroplan, Flying Blue, American Express Membership Rewards, and Marriott Bonvoy, Jean-Maximilien helps travellers unlock the full potential of their points and benefits. His mission: empower others to travel better and smarter across North America and Europe.
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Boeing 787 10 Air Canada Signature Class
To the point Air Canada launches Premium Economy Basic and Business Class Basic fares on July 28, 2026: reduced prices, baggage and meals included, but no refunds or eUpgrades. What this means for your Aeroplan points.

On July 28, 2026, Air Canada is launching two new basic fares in its premium cabins: Premium Economy Basic and Business Class Basic. These fares cost less than current premium options while maintaining the seat and onboard service. In exchange, they remove refunds, free seat selection, and the use of eUpgrades.

Here is what these Air Canada Basic fares include, what they exclude, and what they change for your Aeroplan points. To compare cards that enhance your Air Canada flights, also check out our page on the best credit cards.

Two Basic Fares in Premium Cabins

The principle is the same as for the Economy Basic fare: you pay less, but you give up some flexibility. Air Canada is responding to the growing demand for premium cabins, following the lead of its joint venture partners United Airlines and Lufthansa Group.

These new fares are offered in the following markets:

  • Caribbean and Mexico
  • Latin America and South America
  • Transatlantic joint venture markets with United Airlines and Lufthansa Group (excluding Iran, Israel, and the United Arab Emirates)

Furthermore, existing premium fares are not changing: they are simply being renamed Standard and Latitude to align with the structure already used in the Economy cabin. Travelers who prefer an all-inclusive ticket keep exactly the same options.

What Do Air Canada Basic Fares Include?

Air Canada maintains the essentials of the premium experience: onboard meals, priority boarding, priority baggage, and one free checked bag. Here are the details:

AttributePremium Economy BasicBusiness Class Basic
RefundableNoNo
ChangeableYes, with costsYes, with costs
Advance Seat SelectionFor a feeFor a fee
Checked Baggage1 free bag1 free bag
Carry-on BaggageAllowedAllowed
LoungeNot allowedMaple Leaf Lounge: Included
Signature Suite: Not included
Priority boardingIncludedIncluded
Priority BaggageIncludedIncluded
Onboard MealsIncludedIncluded
AeroplanAeroplan Points + SQCAeroplan Points + SQC

For comparison, the first checked bag now costs $45 before taxes in Economy class on North American flights. The free bag included here therefore maintains real value.

Aeroplan Points and SQC: No Rate Penalty

Good news for point collectors: Basic fares earn Aeroplan points and Status Qualifying Credits (SQC) just like other premium fares.

  • 1 Aeroplan point per dollar spent on the base fare and carrier surcharges (excluding third-party taxes, fees, and charges)
  • 2X to 6X the points for Elite Status members, depending on the level held at the time of travel
  • 4 SQC per dollar, which is the same rate as other fares in Premium Economy and Business Class

In practical terms, a cheaper ticket earns fewer SQC in total, since accumulation is calculated per dollar spent. However, every dollar works just as hard as with a classic premium fare. To build your status, check out our guide on how to reach Aeroplan Elite Status with Air Canada flights.

Elite Status and Cards: Benefits Maintained

Aeroplan Elite Status members maintain most of their benefits with these fares: priority services, airport lounge access, and free baggage linked to status. Similarly, benefits from eligible Aeroplan credit cards continue to apply.

This maintenance of card benefits is a game-changer for the Premium Economy Basic fare, which does not include lounge access. For example, the TD® Aeroplan® Visa Infinite Privilege* Card and the American Express®* Aeroplan® Reserve Card provide access to Maple Leaf Lounges when departing with Air Canada, regardless of the fare purchased.

To see all options based on your profile, consult our Aeroplan credit card comparison.

Our Analysis

I see these fares as an interesting entry point to premium cabins, provided you know what you are buying. The core of the experience remains intact: the same seat, the same meal, and in Business Class, Maple Leaf Lounge access is maintained.

Boeing 787 10 Classe Signature Air Canada hublot

Unlike the Economy Basic fare, which is often stripped down, these premium versions keep free checked baggage, priority boarding, and priority baggage. The logic is clear: you give up flexibility, not comfort.

Three questions to ask yourself before booking:

  • Are your plans firm? The ticket is non-refundable and any modification incurs a fee.
  • Do you care about your specific seat? Advance selection is for a fee with these fares.
  • Do you use your eUpgrades? They do not apply here, a decisive point for many Elite members.

One More Choice, to Be Used Informedly

With these two fares, Air Canada is segmenting its premium cabins as it did in Economy. For a round trip with firm plans to the South or Europe, the savings can be well worth the concessions. For a trip likely to change, Standard and Latitude fares remain more prudent.

Finally, pairing these fares with a premium Aeroplan card allows you to recover some of the removed benefits, including lounge access in Premium Economy. To stay updated on changes at Air Canada and Aeroplan, sign up for our newsletter.

Air Canada Basic Fares – Frequently Asked Questions

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Audrey Voisine
Audrey Voisine
Audrey, co-founder of Milesopedia, is a dedicated entrepreneur, avid traveler, and mother of two children. She shares valuable tips and recommendations for families and frequent travellers alike, helping everyone get the most from points and rewards programs. As Executive Vice President of Marketing and Communications, she is committed to guiding Milesopedia readers toward more accessible, practical, and memorable journeys.
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