ACE Aviation Holdings
 | |
| Company type | Public company |
|---|---|
| NEX: ACE.H | |
| Industry | Airline |
| Founded | Montreal, Quebec (2004) |
| Headquarters | 1155 Rene-Levesque West, 40th floor[1], , Canada |
Key people | Robert A. Milton - Chairman, President & CEO, ACE Aviation Holdings Inc. |
| Products | Passenger Air & Cargo Travel |
| Revenue | US$10.135 billion (2006)[2] (CA$13.359 billion) |
Number of employees | 33,090 (2008)[3] |
| Website | aceaviation.com |
ACE Aviation Holdings Inc. is a Canadian holding company that is the former parent company of Air Canada. It is headquartered in Montreal.
History
ACE Aviation Holdings Incorporated was created as Air Canada emerged from bankruptcy in 2004. One of the more significant changes was the merging of its six small airlines into Air Canada and Air Canada Jazz.
The company planned a wind up and distribute its assets back to its shareholders by no earlier than mid-2013. While most of the core aviation assets have been disposed of the corporate website continues to operate until all assets are fully disposed of. The company no longer has a board and executive with all liquidation being managed by outside party Ernst and Young and ACE Holdings maintains a head office at Tour CIBC in downtown Montreal.
Former operating divisions
- Aeroplan – former in-house rewards program sold off and now owed by Aimia)
- Air Canada – airline sold off
- Air Canada Cargo – transferred to control under Air Canada
- Air Canada Ground Handling Services – transferred to Air Canada
- Jazz Aviation LP – sold off and now owned by Chorus Aviation and operates as contractor for Air Canada
- Aveos Fleet Performance Inc. - formerly as Air Canada Technical Services before being renamed in 2008, acquired Air Canada Mechanics in 2011 and ceased operations in 2012 with remaining assets (equipment and Montreal facility) now acquired by Lockheed Martin Canada
- Air Canada Vacations – transferred to Air Canada
References
- ^ a b "Get in Touch". ACE Aviation. Retrieved 15 June 2018.[self-published source]
- ^ Plunkett 2007, Index of Rankings Within Industry Groups, Air Transportation—Major Carriers.
- ^ "Company Profile for ACE Aviation Holdings Inc (CA;ACE.A)". Retrieved 2008-10-06.[permanent dead link]
Sources
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