ACE Aviation Profit Jumps; Plans IPO for Air Canada (Update7) (Bloomberg.com)

Aug. 11 (Bloomberg) -- ACE Aviation Holdings Inc., which posted a 40 percent jump in profit today, plans to sell a minority stake in Air Canada in an initial public offering this year to boost its stock. The shares gained 6.5 percent, the most in almost nine months.

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Posted August 11, 2006

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