12:31 PM EST - ACE Aviation Holdings Inc. : said its consolidated loss stood at $656 million in the latest fourth quarter, mainly reflecting the non-cash loss of $630 million on ACE's investment in Air Canada. In the fourth quarter of 2009, ACE recorded a consolidated operating loss of $5 million. At January 31, 2010, ACE's net assets at fair value amounted to $302 million or $9.30 per share. ACE Aviation Holdings Inc.
shares T.ACE.B are trading up $0.11 at $6.32.