ACEAF ACE Aviation Holdings Inc featured news, full reports, and detailed charts
ACE Aviation Holdings Inc (ACEAF/ACEAF.PK) Wrap Up:
ACE Aviation Holdings Inc., through its subsidiary, 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. The company also provides air cargo services; passenger and ground handling services; and tour operation services offering vacation and leisure travel packages. In addition, it has strategic and commercial arrangements with Star Alliance. As of December 31, 2008, it operated a fleet of 333 aircrafts, including a fleet of 133 Air Canada Jazz aircraft to approximately 170 destinations. ACE Aviation Holdings was founded in 1937 and is headquartered in Montreal, Canada.ACE Aviation Holdings Inc (ACEAF:OTC)
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Market Cap
140.0M
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Total Revenue
9.9B
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EBITDA
404.0M
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DILUTED EPS TTM
-18.99
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P/E
--
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P/S
0.0x
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Return On Asset
-1.44
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Return On Equity
-50.34
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| K = Thousands M = Millions B = Billions | ||
ACEAF Top Compensated Officers
Executives, Board Directors
Key developments for ACE Aviation Holdings Inc (ACEAF)
Ace Aviation Holdings Inc. announced unaudited consolidated earnings results for the third quarter of 2009. For the period, the company reported consolidated EBITDAR was $319 million, a decrease of $27 million from the third quarter 2008.
Ace Aviation Holdings Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported operating income of CAD 68 million, net income of CAD 198 million or CAD 5.15 diluted per share on operating revenue of CAD 2,670 million against operating income of CAD 105 million, net loss of CAD 135 million or CAD 3.86 diluted loss per share on operating revenue of CAD 3,075 million for the same period a year ago. Net cash used for operating activities of CAD 240 million against net cash used for operating activities of CAD 265 million for the same period a year ago. For the nine months, the company reported operating loss of CAD 239 million, net loss of CAD 36 million or CAD 1.01 diluted loss per share on operating revenue of CAD 7,391 million against operating loss of CAD 49 million, net income of CAD 513 million or CAD 7.43 diluted per share on operating revenue of CAD 8,584 million for the same period a year ago. Net cash used for operating activities of CAD 188 million against net cash from operating activities of CAD 181 million for the same period a year ago.
Ace Aviation Holdings Inc. reported unaudited consolidated earnings results for second quarter and six months ended June 30, 2009. For the quarter, the company reported net income of CAD 110 million or CAD 2.68 per diluted share on total revenues of CAD 2,330,000 compared to net income of CAD 830 million or CAD 10.76 per diluted share on total revenues of CAD 2,783,000 for the same period a year ago. Cash flow used operations was CAD 104 million compared to cash flow from operations of CAD 217 million for the same period a year ago. The company reported EBITDAR(1) of CAD 131 million. For six months period, the company reported net loss of CAD 234 million or CAD 6.68 loss per diluted share on total revenues of CAD 4,721 million compared to net income of CAD 648 million or CAD 8.18 per diluted share on total revenues of CAD 5,509 million for the same period a year ago. Cash flow from operations was CAD 51 million compared to cash flow from operations of CAD 446 million for the same period a year ago.
ACEAF Competitors
| Company | Last | Change |
| SAS AB | kr4.72 SEK | -0.03 |
| Southwest Airlines Co | $9.00 USD | +0.09 |
| US Airways Group Inc | $3.10 USD | -0.02 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ACEAF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.0x |
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| Price/Book | 0.3x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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ACEAF |
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ACEAF transactions
| Type Date |
Target |
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Private Placement
July 29, 2009 |
Air Canada |
More Recent News About ACE Aviation Holdings Inc
More news for ACEAF
Global Air Cargo Market Heading Towards Recovery: Expert Sees FedEx as the International Leader
67 WALL STREET, New York - October 7, 2009 - The Wall Street Transcript has just published its Transportation and Logistics Report offering a timely review of the sector to serious investors and industry executives. This 81 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online. Topics covered: China Export Tax -- Overcapacity in the Shipping Industry -- Market Balance -- Traffic Flow -- Asia-Pacific Region -- Import/Export Traffic -- Beneficiaries of Financial Strength -- Terminating Markets -- International Business -- Tanker Companies Versus Dry Bulk Companies -- Chinese Stimulus -- Real Demand Versus Stimulus Demand -- Monitoring Potential Acquisitions -- Automobile Industry -- Demand in Emerging Countries -- Falling Demand -- Future Oversupply -- Growth of Fleets -- Pickups in Infrastructure Spending -- Navigating the Downturn -- Supply and Demand -- Chinese Cell Phones -- Mobile Phone Market Growth -- Future Growth -- Stimulus Programs -- Temporary Boosts -- Inventory Stabilization -- Affects of Declines in Passenger Flights -- Capacity of Passenger Aircraft -- Improvement in Volumes -- Pricing and Margins -- Restructuring -- Forms of Consolidation -- Investing in Infrastructure -- Wage Concessions -- Railroad Expansion Companies include: Diana Shipping (DSX); Star Bulk Carriers (SBLK); Nordic American Tankers (NAT); Overseas Shipholding Group (OSG); General Maritime (GMR); Federal Express (FDX); UPS (UPS); Forward Air (FWRD); Exp...Click here to read the whole Article (external link)