10:21 AM EST - ACE Aviation Holdings Inc. : said Monday it is reducing its stakes in the Aeroplan Income Fund and the Jazz Air Income Fund to about 20 per cent each. The airline holding company said it will raise more than $750 million through the secondary offerings of units of the customer loyalty and regional airline subsidiaries. ACE Aviation Holdings Inc.
shares T.ACE.A are trading UP 1.55 at $28.40.