What other companies does Air Canada own part of?

Answer 1

FROM THE AIR Canada WEBSITE - THEN THE INVESTORS INFO SHEET, HERE ARE SOME EXTRACTS FROM THE THEIR ANNUAL REPORT TO INVESTORS THAT WILL ANSWER YOUR QUESTION. BASED ON THE EXTRACTS FROM THE ANNUAL REPORT, I WOULD THEN ASK THE NEXT QUESTION: WHAT ELSE DOES "ACE AVIATION HOLDINGS" OWN. THE LINK/SOURCE: http://www.aircanada.com/en/about/investor/documents/2006_ar.pdf ..."The accompanying combined consolidated statement of financial position and combined consolidated statements of operations and cash flows are of Air Canada (the "Corporation"), a subsidiary of ACE Aviation Holdings Inc. ("ACE")..." ... "These combined consolidated financial statements include the financial position, results of operations and cash flows of: § Air Canada, which provides transportation services; § Air Canada Capital Ltd., a wholly owned subsidiary of Air Canada, which owns and leases certain aircraft which are subleased to Air Canada, Jazz and unrelated third parties; § 1209265 Alberta Ltd., a wholly owned subsidiary of Air Canada, which holds and manages cash and investments of Air Canada; § Simco Leasing Ltd., a wholly owned subsidiary of Air Canada, which owns certain flight equipment which is leased to Air Canada; § ACGHS Limited Partnership ("Air Canada Ground Handling Services" or "ACGHS"), a wholly owned subsidiary of Air Canada, which provides ground handling services; § Touram Limited Partnership for the periods subsequent to January 30, 2005 and Touram Inc. for periods prior to January 31, 2005 ("Touram" or "Air Canada Vacations"), which provides tour operator services and leisure vacation packages and in which Air Canada has a 51% ownership interest; § AC Cargo Limited Partnership ("Air Canada Cargo"), a wholly owned subsidiary of Air Canada, which, along with Air Canada, provides cargo services; § Jazz Air LP ("Jazz" or "Jazz LP"), which provides both domestic and transborder services for Air Canada under a capacity purchase agreement (ACE holds a 79.7% interest in the general partner of Jazz and 79.7% of the limited partnership units of Jazz Air LP; Air Canada does not hold any of the limited partners' units of Jazz), and has been consolidated under AcG-15 as Air Canada has been determined to be the primary beneficiary of Jazz; § Maple Leaf Holdings USA Inc., which holds certain cost based investments in other enterprises; § Certain aircraft and engine leasing entities and fuel facility corporations, which are consolidated under Accounting Guideline of the CICA Handbook, Consolidation of Variable Interest Entities ("AcG-15"), as Air Canada has been determined to be the primary beneficiary; and § Destina eCommerce Group LP (''Destina''), which provided web based travel services and an online travel site that offered customers both air and non-air products. During 2006, a substantial portion of the assets of Destina were transferred to Air Canada (Note 18). Air Canada has two business segments: Air Canada Services and Jazz. Air Canada Services is the passenger and cargo transportation services business operated by Air Canada and related ancillary services. Jazz operates under the capacity purchase agreement with Air Canada that came into effect September 30, 2004 (the "initial Jazz CPA"), which was amended and restated effective January 1, 2006 (the "Jazz CPA")......"