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air mile

   Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.02 sec.
air mile [′er ‚mīl]
(navigation)
A unit of length used in air navigation and equal, since 1954, to 1 international nautical mile (1852 meters). Also known as aeronautical mile.


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This decrease in the fourth quarter is primarily attributable to a lower refinancing volume in the Company's mortgage production and increased expenses associated with the use of the Company's credit card air mile reward program.
Two separate air mile programmes will be maintained, with mutual earning and use of air miles between the two companies.
"Momentum brings together brick-and-mortar and online merchants in a single loyalty program, offering consumers the nation's only air mile rewards program with a choice of retail channels," said Ron Kieves, Momentum senior vice president, marketing.
 
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