ACE Aviation Holdings Inc. together with its officers, directors, employees and agents are collectively referred to herein as "ACE" unless otherwise specified or required by the context.

Website Terms and Conditions

The materials on this Website, which may include text, images, audio clips, video clips, software and other materials, are provided by ACE for informational purposes only. By accessing this Website or downloading its content, you agree to be bound by the terms and conditions set out in this legal notice, disclaimer and terms of use. If you do not agree to these terms and conditions, do not access this Website nor download its content.

Caution About Forward-Looking Statements

Certain statements contained on this Website may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, opportunities, performance or achievements of ACE, or that of the airline industry in general, to be materially different from any future results, opportunities, performance or achievements expressed or implied by such forward-looking statements. When used on this Website, such statements include such words as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict", "project", "scheduled", "will", "would" and other similar terms and phrases, including references to assumptions. Such statements may involve but are not limited to comments with respect to strategies, expectations, planned operations or future actions. These statements reflect current expectations of management regarding future events and operating performance and speak only as of the date such statements are made. However, ACE disclaims any intention or obligation to update or revise any forward-looking statements contained on this Website whether as a result of new information, future events or otherwise, except as required under applicable securities regulations. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. Accordingly, readers are cautioned not to put undue reliance on any forward-looking statement contained on this Website. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed from time to time in documents filed by ACE with securities regulatory authorities in Canada and the United States. Reference is made more specifically to "Management's Discussion and Analysis" in ACE's annual and quarterly reports and ACE's annual information form filed with securities regulatory authorities. Although the forward looking statements contained on this Website are based upon what management believes are reasonable assumptions, ACE cannot assure readers that actual results will be consistent with these forward looking statements.


References to "EBITDA" are generally to earnings before interest, taxes, depreciation, amortization and obsolescence and other non-operating income and expenses. References to "EBITDAR" are generally to earnings before interest, taxes, depreciation, amortization and obsolescence and aircraft rent. EBITDAR is commonly used in the airline industry to view operating results before aircraft rent and ownership costs as these costs can vary significantly among airlines due to differences in the way airlines finance their aircraft and other asset acquisitions. EBITDA and EBITDAR are not earnings measures recognized under generally accepted accounting principles in Canada ("GAAP") and do not have standardized meanings prescribed by GAAP. Therefore, EBITDA and EBITDAR may not be comparable to similar measures presented by other issuers. Readers are cautioned that EBITDA and EBITDAR should not be construed as an alternative to net income or loss determined in accordance with GAAP as an indicator of ACE's performance or to cash flows from operating, investing and financing activities as a measure of liquidity and cash flows.


All the information contained or accessible through this Website is protected by copyright of ACE or its content suppliers. Users of this Website may only use or reproduce such information for their own personal, non-commercial or educational use, and shall not otherwise use, redistribute, retransmit, reproduce or publish such information without the written consent of the copyright holder. Users of this Website must abide by all copyright notices, information and restrictions contained in any information on or accessed through this Website, and keep such notices with such information.


The logos of ACE and of its affiliates displayed on this Website are trademarks of ACE or of its affiliates, which may be registered in Canada and other countries. Other product or service names or logos referenced in this Website are also trademarks or registered trademarks of ACE or of its affiliates. All other products, services and company names mentioned in this Website may be trademarks of other owners.

The display of logos or product or service names on this Website does not imply in any way that a license of any kind has been granted to anyone with respect to such trademarks or registered trademarks. Users of this Website may not use any logos or product or service names displayed on this Website without the written permission of ACE or of the relevant owner of the trademark or registered trademark.

Links to other Websites and Downloadable Software

This Website contains links to facilitate your access to third party sites. ACE does not control any third party site and is not responsible for the contents of any linked site or any link contained in a linked site. ACE is providing such links to you for your convenience only and the inclusion of any link does not imply any representation, endorsement, investigation or verification by ACE of the linked site or information contained therein. Links to downloadable software Websites are also provided for your convenience only and ACE is not responsible or liable for any difficulties associated with downloading such software.

Information Accuracy

While ACE uses reasonable commercial efforts to ensure that the information contained on this Website is accurate, such information is provided on an "as is" and "as available" basis. ACE does not in any way guarantee or warrant the currency, accuracy, completeness, non-infringement or authenticity of such information. ACE DISCLAIMS ALL WARRANTIES AND/OR CONDITIONS, EXPRESS, IMPLIED OR STATUTORY, AS TO THE CONTENT OF, AND TO ANY MATTER RELATING TO, THIS WEBSITE, INCLUDING IMPLIED WARRANTIES AND/OR CONDITIONS OF NON-INFRINGEMENT, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. All information contained on this Website, including all stock price information, is provided for informational purposes only, and is not intended for trading or other purposes. Please note that stock price information is at least 15-minutes delayed and that all times indicated are Eastern Time. ACE and its content providers assume no responsibility to you or any third party with respect to the sequence, currency, accuracy, completeness, non-infringement or authenticity of any such information and are not liable or responsible in any way for any delays, inaccuracies, errors, or omissions in any such information or in the transmission of any such information. IN NO EVENT WILL ACE OR ITS CONTENT PROVIDERS BE LIABLE FOR ANY DAMAGES WHATSOEVER, INCLUDING SPECIAL, INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES, ARISING OUT OF OR IN CONNECTION WITH THE USE, INABILITY TO USE, OR PERFORMANCE OF THIS WEBSITE OR THE CONTENT AVAILABLE OR REFERRED TO ON THIS WEBSITE, OR ANY OTHER WEBSITE YOU MAY ACCESS THROUGH THIS WEBSITE. The information contained on this Website is not to be relied upon for any trading, business or financial purpose.


As user of this Website, you agree to defend, indemnify and hold ACE harmless from any and all liabilities, costs and expenses, including attorneys' fees, related to your violation of the terms and conditions of this legal notice, disclaimer and terms of use.

No Unlawful or Prohibited Use

As a condition of your use of this Website, you warrant to ACE that you will not use this Website for any purpose that is unlawful or prohibited by this legal notice, disclaimer and terms of use. Although ACE may from time to time monitor or review discussions, chats, postings, transmissions, bulletin boards, and the like on this Website, ACE is under no obligation to do so and assumes no responsibility or liability arising from the content of any such locations nor for any error, defamation, libel, slander, omission, falsehood, obscenity, pornography, profanity, danger, or inaccuracy contained in any information within such locations on this Website. You are prohibited from posting or transmitting any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane material or any material that could constitute or encourage conduct that would be considered a criminal offense, give rise to civil liability, or otherwise violate any law. ACE will fully cooperate with any law enforcement authorities or court order requesting or directing ACE to disclose the identity of anyone posting any such information or materials.

Available only where Permitted by Law

The products and services described on this Website are only offered in jurisdictions where they may be legally offered for sale. The information on this Website is not an offer or solicitation by anyone in any jurisdiction in which an offer or solicitation cannot legally be made, or to any person to whom it is unlawful to make a solicitation.

Applicable Agreement

All products and services are subject to the terms of the applicable agreements.


This Website originates in Canada. It shall be governed by and construed in accordance with the laws of the province of Québec and the federal laws of Canada applicable therein, without regard to the principles of conflicts of law. All disputes, proceedings or claims arising out of or in connection with this Website shall be submitted and be subject to the exclusive jurisdiction of the Courts of the province of Québec.


The information contained on this Website is subject to change and update at any time without prior notice.


The terms and conditions of this legal notice, disclaimer and terms of use constitute the entire agreement between ACE and the users of this Website with respect to their use of this Website. ACE's failure to insist upon or enforce strict performance of any provision of that agreement shall not be construed as a waiver of any right on its part. If any part of this legal notice, disclaimer and terms of use is determined to be void, invalid or otherwise unenforceable by a court of competent jurisdiction, such determination shall not affect the remaining provisions hereof.

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