Global Warming

ACE Aviation Holdings Inc. sells its remaining units of Aeroplan Income Fund and Jazz Air Income Fund

  2008 JUN 9 - (VerticalNews.com) -- ACE Aviation Holdings Inc. (ACE) announced that it has sold in the market a total of 19,892,088 units of Aeroplan Income Fund for total net proceeds to ACE of approximately $349.3 million and a total of 11,726,920 units of Jazz Air Income Fund for total net proceeds to ACE of approximately $85.0 million. ACE retains no further interest in Aeroplan Income Fund and Jazz Air Income Fund.

  ABOUT ACE AVIATION HOLDINGS INC.

  ACE is a holding company of various aviation interests including Air Canada and ACTS.

  CAUTION REGARDING FORWARD-LOOKING INFORMATION

  Keywords: ACE Aviation Holdings INC.

  This article was prepared by VerticalNews Global Warming editors from staff and other reports. Copyright 2008, VerticalNews Global Warming via VerticalNews.com.