27:
268:
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215:
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993:
408:
and distribution of its assets back to its shareholders by no earlier than mid-2013. While all 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 executives, with all liquidation
345:
in 2004; By the end of 2005, ACE completed restructuring and achieved reduced costs through outsourcing, automation and process simplification. One of the more significant changes was the merging of its six small airlines into Air Canada and
474:- 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
774:
64:
1019:
350:. ACE was not only a solution to Air Canada's bankruptcy, but also a strategic move by Robert Milton to create a portfolio of independent air transportation services companies out of what was Air Canada.
925:
Canada's largest airline, Air Canada, filed for bankruptcy protection in 2003. .... After 18 months, Air Canada emerged from bankruptcy protection, under the new ownership of ACE Aviation
Holdings.
617:
1039:
592:
838:
1034:
748:
1049:
1014:
775:"Federal Corporation Information - 445736-6 - Online Filing Centre - Corporations Canada - Corporations - Innovation, Science and Economic Development Canada"
1044:
817:
Reviewing the
Department of Transportation's Notice of Proposed Rulemaking That Clarifies the Rules Regarding Foreign Investment in U.S. Air Carriers
696:
413:. As of 31 December 2019, filings state that ACE Aviation Holdings consisted of only cash and cash equivalents amounting to a total of
342:
564:
947:
1029:
912:
547:
545:
885:
870:
The firm was restructured into ACE Aviation
Holdings, starting as of April 1 2003 after 18 months under CCAA creditor protection....
855:
798:
391:
471:
166:
815:
Subcommittee on
Aviation, Committee on Commerce, Science, and Transportation United States Senate (9 May 2006).
816:
475:
354:
54:
642:
372:
704:
979:
832:
618:"Ace Aviation announces completion of final distribution, dissolution and delisting of common shares"
568:
485:
60:
353:
Among the companies in addition to Air Canada which was taken public after formation of ACE was the
1024:
880:. Plunkett's Airline, Hotel & Travel Industry Almanac. Houston, Texas: Plunkett Research, Ltd.
479:
953:
943:
916:
891:
881:
861:
851:
654:
398:
326:
998:
410:
383:
465:
433:
347:
314:
461:
387:
37:
1008:
390:. After these divestments, ACE retained a 75% stake in Air Canada and a 23% stake in
158:
45:
936:
554:, Index of Rankings Within Industry Groups, Air Transportation—Major Carriers.
527:
405:
26:
938:
unstoppable: Finding Hidden Assets to Renew the Core and Fuel
Profitable Growth
507:
505:
503:
501:
988:
931:
920:
865:
455:
449:
443:
437:
338:
318:
237:
957:
905:
895:
658:
429:
379:
357:
322:
162:
136:
100:
77:
140:
375:, which resulted in US Airways emerging from its second bankruptcy.
799:"A J Walter Aviation buys the component repair business of Aveos"
364:, which was several times the valuation of the airline itself.
302:
170:
878:
Plunkett's
Airline, Hotel & Travel Industry Almanac 2008
432:– former in-house rewards program sold off and was owned by
911:. Canada. Past, present, future. Calgary, Alberta, Canada:
749:"UPDATE 1-ACE sells remaining stakes in Aeroplan, Jazz Air"
401:, marking the end of any future activities by the company.
360:. Aeroplan's initial public offering valued the company at
565:"Company Profile for ACE Aviation Holdings Inc (CA;ACE.A)"
732:
373:
the merger of
America West Holdings and US Airways Group
1020:
Companies formerly listed on the
Toronto Stock Exchange
846:
Gomez, Ana Maria Davila (2016). Crowther, David (ed.).
397:
On May 9, 2012, the company received a certificate of
850:. Corporate Social Responsibility Series. CRC Press.
716:
714:
978:The company has been moved to the NEX board of the
298:
288:
235:
186:
178:
152:
130:
122:
107:
84:
73:
43:
33:
935:
904:
420:On March 15, 2024, the company was dissolved.
8:
837:: CS1 maint: multiple names: authors list (
19:
612:
610:
593:"ACE Aviation Reports 2019 Annual Results"
18:
1040:Canadian companies disestablished in 2024
942:. Boston: Harvard Business School Press.
522:
520:
468:and operates as contractor for Air Canada
452:– transferred to control under Air Canada
378:In 2008, ACE completed its divestment of
848:Ethics, Psyche and Social Responsibility
551:
511:
971:
671:
497:
1035:Canadian companies established in 2004
830:
819:(Report). Government Publishing Office
317:that was the former parent company of
1050:Holding companies established in 2004
743:
741:
683:
587:
585:
337:ACE Aviation Holdings was created as
325:. In 2012, the company signified its
134:1155 Rene-Levesque West, 40th floor,
7:
1015:Companies listed on the NEX Exchange
913:Weigl Educational Publishers Limited
720:
1045:Airline holding companies of Canada
982:. These are former trading symbols.
456:Air Canada Ground Handling Services
14:
653:(5). Brunico Communications: 40.
991:
267:
266:
248:
247:
214:
213:
195:
194:
182:Passenger air & Cargo travel
25:
876:Plunkett, Jack W., ed. (2007).
409:being managed by outside party
923:– via Internet Archive.
1:
827:– via Internet Archive.
733:Subcommittee on Aviation 2006
661:– via Internet Archive.
392:Air Canada Technical Services
329:, and was dissolved in 2024.
703:. IATA. 2012. Archived from
514:, ACE Aviation Holdings INC.
472:Aveos Fleet Performance Inc.
464:– sold off and now owned by
1030:Companies based in Montreal
903:Winnick, Nick, ed. (2009).
488:– transferred to Air Canada
458:– transferred to Air Canada
90:; 20 years ago
1066:
641:Wexler, Emily (May 2012).
595:. ACE Aviation. 2020-04-29
424:Former operating divisions
321:. It was headquartered in
311:ACE Aviation Holdings Inc.
20:ACE Aviation Holdings Inc.
367:In 2005, ACE contributed
24:
371:in equity investment to
111:March 15, 2024
16:Canadian holding company
476:Lockheed Martin Canada
404:The company planned a
355:frequent flyer program
980:TSX Venture Exchange
486:Air Canada Vacations
436:, later acquired by
290:Number of employees
57:: ACE.A, ACE.B
21:
643:"Going Glam At 75"
446:– airline sold off
399:intent to dissolve
327:intent to dissolve
225:CA$ 12.452 billion
206:CA$ 13.359 billion
200:US$ 10.135 billion
949:978-1-4221-0366-1
707:on 14 March 2012.
686:, pp. 41–42.
411:Ernst & Young
382:and Air Canada's
308:
307:
278:CA$ 0.331 billion
272:US$ 0.251 billion
259:CA$ 0.517 billion
253:US$ 0.392 billion
219:US$ 9.438 billion
1057:
1001:
999:Companies portal
996:
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579:
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576:
567:. Archived from
561:
555:
549:
540:
539:
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524:
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509:
462:Jazz Aviation LP
450:Air Canada Cargo
416:
384:regional airline
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719:
712:
697:"Robert Milton"
695:
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626:
624:
622:www.newswire.ca
616:
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466:Chorus Aviation
426:
415:CA$ 6,7 million
414:
368:
361:
348:Air Canada Jazz
335:
315:holding company
313:was a Canadian
303:aceaviation.com
291:
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737:
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541:
530:. ACE Aviation
528:"Get in Touch"
516:
496:
494:
491:
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469:
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453:
447:
441:
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422:
369:US$ 75 million
334:
331:
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80:(NAICS 481000)
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38:Public company
35:
31:
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918:
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887:9781593920937
883:
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857:9781317141044
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849:
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755:. 28 May 2008
754:
750:
744:
742:
738:
735:, p. 57.
734:
729:
726:
723:, p. 75.
722:
717:
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623:
619:
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594:
588:
586:
582:
571:on 2011-07-18
570:
566:
560:
557:
553:
552:Plunkett 2007
548:
546:
542:
529:
523:
521:
517:
513:
512:Plunkett 2007
508:
506:
504:
502:
498:
492:
487:
484:
481:
480:AJW Technique
477:
473:
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407:
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395:
393:
389:
385:
381:
376:
374:
365:
362:US$ 2 billion
359:
356:
351:
349:
344:
341:emerged from
340:
332:
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328:
324:
320:
316:
312:
304:
301:
297:
294:33,090 (2008)
293:
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245:
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242:
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212:
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177:
172:
168:
164:
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159:Robert Milton
157:
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72:
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42:
39:
36:
32:
28:
23:
974:
937:
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906:
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869:
847:
821:. Retrieved
793:
782:. Retrieved
779:www.ic.gc.ca
778:
769:
757:. Retrieved
752:
728:
705:the original
700:
691:
679:
674:, p. 9.
672:Winnick 2009
667:
650:
646:
636:
625:. Retrieved
621:
597:. Retrieved
573:. Retrieved
569:the original
559:
532:. Retrieved
419:
403:
396:
377:
366:
352:
336:
310:
309:
174:(Until 2012)
131:Headquarters
34:Company type
932:Zook, Chris
833:cite report
386:affiliate,
1025:Air Canada
1009:Categories
921:1040000402
866:1027158217
784:2020-01-29
684:Gomez 2016
627:2024-03-20
575:2008-10-06
493:References
444:Air Canada
438:Air Canada
343:bankruptcy
339:Air Canada
319:Air Canada
238:Net income
154:Key people
115:2024-03-15
958:939112546
896:884012692
721:Zook 2007
659:1187-4309
167:President
126:Dissolved
46:Traded as
934:(2007).
701:AGM 2011
647:Strategy
430:Aeroplan
380:Aeroplan
358:Aeroplan
323:Montreal
274:(2005)
255:(2006)
179:Products
163:Chairman
137:Montreal
103:, Quebec
101:Montreal
74:Industry
907:Economy
823:15 June
809:Sources
759:15 June
753:Reuters
534:15 June
406:wind up
333:History
299:Website
221:(2005)
202:(2006)
187:Revenue
143:H3B 3V2
113: (
108:Defunct
93: (
85:Founded
78:Airline
63::
956:
946:
919:
894:
884:
864:
854:
657:
599:16 May
169:&
147:Canada
141:Quebec
966:Notes
434:Aimia
65:ACE.H
954:OCLC
944:ISBN
917:OCLC
892:OCLC
882:ISBN
862:OCLC
852:ISBN
839:link
825:2018
761:2018
655:ISSN
601:2020
536:2018
478:and
388:Jazz
123:Fate
95:2004
88:2004
171:CEO
99:in
61:NEX
55:TSX
1011::
952:.
915:.
890:.
868:.
860:.
835:}}
831:{{
777:.
751:.
740:^
713:^
699:.
651:23
649:.
645:.
620:.
609:^
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417:.
394:.
165:,
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960:.
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841:)
801:.
787:.
763:.
630:.
603:.
578:.
538:.
482:.
440:.
280:)
276:(
261:)
257:(
227:)
223:(
208:)
204:(
117:)
97:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
