Media Advisory - ACE Aviation Holdings to present 2008 second quarter results

    MONTREAL, August 1 /CNW Telbec/ - ACE Aviation Holdings Inc. will hold a
conference call for analysts on Friday, August 8, 2008 to present 2008 second
quarter results. ACE Chairman, President and CEO, Robert Milton, and Brian
Dunne, Executive Vice President and Chief Financial Officer, will be available
for analysts' questions. Media may access this call on a listen-in basis.
Details are as follows:

    Date:   Friday, August 8, 2008

    Time:   11:30 a.m. ET

    By telephone: 1-888-575-8232 toll free or (416) 406-6419 for the Toronto
                  area.  Please allow 10 minutes to be connected to the
                  conference call.

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                  Note: This is a listen-only audio webcast.  Media Player or
                  Real Player is required to listen to the broadcast; please
                  download well in advance of call.

    Replay:       Instant replay will be available beginning approximately
                  one hour after the call at 416-695-5800 or 1-800-408-3053
                  toll free and enter pass code 3266618#, until
                  midnight ET Friday, August 15, 2008.
    2008 second quarter results will be released Friday prior to the
conference call.

For further information:

For further information: Isabelle Arthur, Montréal, (514) 422-5788;
Peter Fitzpatrick, Toronto, (416) 263-5576; Angela Mah, Vancouver, (604)
270-5741; Internet:

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