ACE Aviation Holdings Inc., through its ownership interest in Air Canada, provides domestic and international air transportation services. It offers scheduled passenger services in the Canadian market, the Canada-U.S. transborder market, and the international markets to and from Canada; and scheduled passenger charter services. The company also provides air cargo services on routes between Canada and markets in Europe, Asia, South America, and Australia; and ground handling services to various airlines with a primary focus on Canadian stations, which include passenger check-in, gate management, baggage and cargo handling and processing, cabin cleaning, and de-icing, as well as aircraft ramp services. In addition, it develops, markets, and distributes vacation travel packages and services, as well as cruise packages in the Caribbean, North America, and Europe through a network of independent travel agencies in Canada, and through its Website, aircanadavacations.com. As of December 31, 2009, Air Canada, together with Jazz Air LP and through commercial agreements with other unaffiliated regional airlines, operated approximately 1,331 scheduled flights daily and carried approximately 31 million passengers, as well as provided direct passenger service to a total of 167 direct destinations on 5 continents. It has strategic and commercial arrangements with Star Alliance members and other airlines. ACE Aviation Holdings was founded in 1937 and is headquartered in Montreal, Canada.

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