February 8, 2008 / 11:46 AM / 10 years ago

ACE Aviation posts Q4 operating profit

TORONTO, Feb 8 (Reuters) - ACE Aviation Holdings Inc ACEa.TOACEb.TO, the parent of Canada’s biggest airline, reported a lower fourth-quarter operating profit on Friday compared with the same time in 2006.

ACE, which has a 75 percent stake in Air Canada ACa.TO ACb.TO, posted operating income C$46 million, compared with a year-earlier C$73 million. ($1=$1.00 Canadian) (Reporting by Scott Anderson; Editing by Renato Andrade)

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