ACE to distribute $300-million to shareholders

altiplano · Post by **altiplano** » Tue Mar 13, 2012 1:25 pm

http://www.theglobeandmail.com/globe-in ... le2367982/

Unreal... I lack words... couldn't have waited month until they made a clean gettaway with the pilots contract?

WileyCoyote · Post by **WileyCoyote** » Tue Mar 13, 2012 2:48 pm

Hahaha great move there...

MacStork · Post by **MacStork** » Tue Mar 13, 2012 6:16 pm

It would be interesting to see how much is being distributed to the CEO, The Chairman of the Board, other Board Members, and other Executive Officers, all of who get stock options. I have trouble actually trying to comprehend that average Joe Sixpack would invest his hard earned dollars into Air Canada or ACE. Perhaps Lisa Rait is given a chance to participate in this "give away" ...... through a blind trust of course.
What a scam! posting.php?mode=reply&f=54&t=80182#

azimuthaviation · Post by **azimuthaviation** » Tue Mar 13, 2012 7:52 pm

Meanwhile, ACE said Milton earned $441,232 in consulting fees and airline travel allowance in 2011, compared with $525,000 in 2010.

The former chief executive of Air Canada received $14.7 million in 2009. The amount included $13.9 million in the form of $5 million incentive award as part of his employment contract and stock options in lieu of severance and retirement benefits.

Nice work if you can get it

Colonel Sanders · Post by **Colonel Sanders** » Tue Mar 13, 2012 9:44 pm

I keep telling kids to stay in school, but ...

Beefitarian · Post by **Beefitarian** » Wed Mar 14, 2012 6:56 am

*private school

Expat · Post by **Expat** » Wed Mar 14, 2012 11:27 am

Beefitarian wrote:*private school

Princeton???

twinpratts · Post by **twinpratts** » Wed Mar 21, 2012 6:11 pm

You gotta be $hitting me...

High and Behind · Post by **High and Behind** » Wed Mar 21, 2012 8:54 pm

See where this is going???

I'm betting foreign ownership....could be the way for a certain mid east company to get those gates they wanted at YYZ.

Thats what I got from the Globe article.

ACE to distribute $300-million to shareholders

ACE to distribute $300-million to shareholders

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