ACE Aviation Holdings

ACE Aviation Holdings

Infobox_Company
company_name = ACE Aviation Holdings Inc.
company_
company_type = Public (tsx|ACE.A, tsx|ACE.B, tsx|ACE.NT.A, nasdaq|AC)
foundation = Montreal, Quebec (1937)
location = Montreal, Quebec
key_people = Robert A. Milton - Chairman, President & CEO, ACE Aviation Holdings Inc.
industry = Airline
num_employees = 33,090 (2008)cite web |url=http://zenobank.com/index.php?symbol=CA;ACE.A&page=quotesearch |title=Company Profile for ACE Aviation Holdings Inc (CA;ACE.A) |accessdate=2008-10-06]
products = Passenger Air & Cargo Travel
revenue = profit$10 billion CAD
homepage = [http://www.aceaviation.com/ aceaviation.com]

ACE Aviation Holdings Inc. (tsx|ACE.B) is a Canadian holding company that provides commercial airline service and technical support and is the parent company of Air Canada.

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:

* Bernard Attali
* Robert E. Brown
* Carlton Donaway
* Michael Green
* W. Brett Ingersoll
* Pierre-Marc Johnson
* John T. McLennan
* Robert A. Milton
* David I. Richardson
* Marvin Yontef.

Operating divisions

*Aeroplan - (Sold off)Fact|date=August 2008
*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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