ACE Aviation Holdings
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "ACE_Aviation_Holdings".

ACE Aviation Holdings Inc.

Type	Public (TSX: ACE.A, TSX: ACE.B, TSX: ACE.NT.A, NASDAQ: AC)
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. (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)^{citation needed}
• 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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