Air Transport World

Air Canada parent ACE Aviation Holdings.(North America Report)(company earnings)(Brief Article)

Air Canada parent ACE Aviation Holdings lost C$81 million ($67.5 million) in the three months ended Sept. 30, its last quarter before emerging from bankruptcy protection on Oct. 1. This compared to a loss of C$263 million in the 2003 quarter. Excluding reorganization and restructuring items, however, operating profit for the 2004 period totaled C$243 million, up from C$17 million in 2003. …

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