In 2019, ACE recorded a decrease in net assets in liquidation of approximately $169,000 as a result of administrative and other expenses in excess of interest income earned during the year. As at ...

In late September 2004, just three days before Air Canada emerged from bankruptcy protection, the airline’s then-chief executive Robert Milton made some bold proclamations about the company’s future. ...

(Saint-Cloud, France, July 28 th 2020) – Dassault Aviation welcomes the creation of the ACE Aéro Partenaires investment fund. This initiative was announced last June by Bruno Le Maire, Minister of ...

The Royal Bank of Canada (RY) appears to be betting big on the near-term wind up of ACE Aviation Holdings Inc. (ACEBF.PK), the parent company of Air Canada (AIDIF.PK). The bank acquired 50,000 Class B ...

Canada’s ACE Aviation Holdings raised about C$434 million ($439 million) from the sale of its remaining stakes in Aeroplan and regional operator Jazz Air Income Fund. ACE remains a holding company of ...

MONTREAL - ACE Aviation Holdings Inc. is further reducing its once majority stake in Air Canada with the sale of 44 million shares of the airline for $162.8 million, taking ACE another step towards a ...

It's likely back to the drawing board for ACE Aviation, as the planned liquidation of the holding company and Air Canada parent runs into strong opposition from institutional shareholders. West Face ...

MONTREAL – Air Canada’s former parent company was accused Wednesday of betraying workers by distributing millions of dollars among its shareholders as it winds down operations. Hundreds of protesters ...

ACE Aviation, Air Canada’s majority owner, has completed the repurchase of all its preferred shares with the closure of a C$73.6 million (US$68.2 million) deal with Morgan Stanley Canada. The purchase ...

ACE Aviation Holdings Inc., the parent of Air Canada, said its first-quarter loss widened to $182-million because of a $125-million charge related to a cargo-pricing investigation and foreign-exchange ...