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ACE Aviation Holdings Inc.
Type Public (TSXACE.A, TSXACE.B, TSXACE.NT.A, NASDAQAC)
Founded Montreal, Quebec (1937)
Headquarters Montreal, Quebec
Key people Robert A. Milton - Chairman, President & CEO, ACE Aviation Holdings Inc.
Industry Airline
Products Passenger Air & Cargo Travel
Revenue $10 billion CAD
Employees 33,090 (2008)[1]
Website aceaviation.com

ACE Aviation Holdings Inc. (TSXACE.B) is a Canadian holding company that provides commercial airline service and technical support and is the parent company of Air Canada. It is headquartered in Montreal.[2]

Contents

History

ACE Aviation Holdings Incorporate was created as Air Canada emerged from bankruptcy in 2004. One of the more significant changes was the merging of its 6 small airlines into Air Canada and Air Canada Jazz. The company holds a 6.1% stake in US Airways Group. ACE's principal interests include, Air Canada 75.0%, ACTS 27.8%

Corporate governance

Current members of the board of directors of ACE Aviation Holdings are:

Operating divisions

  • Aeroplan – (Sold off)
  • Air Canada – (Owns 75%)
  • Air Canada Cargo – (Transferred to Air Canada)
  • Air Canada Ground Handling Services – (Transferred to Air Canada)
  • Air Canada Jazz – (Sold off)
  • Air Canada Technical Services – (Owns 22.8%)
  • Air Canada Vacations – (Transferred to Air Canada)

References

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