Chahram Bolouri appointed as President and CEO of Air Canada Technical Services

Chahram Bolouri has been appointed as President and CEO of Air Canada Technical Services (ACTS).

Mr. Robert Milton, Chairman, President and CEO of ACE Aviation Holdings Inc. (ACE) said, "I am pleased to welcome Chahram on board as President and CEO of ACTS. His expertise and background will provide ACTS with the strategic direction and leadership required to maximize the value of this important ACE subsidiary by broadening its customer base, while improving profitability."

Reporting directly to the CEO of ACE, Mr. Bolouri will be responsible for developing and executing strategies which support ACE's business objective of growing ACTS as a stand alone company with an emphasis on third party revenues. He was formerly President, Global Operations at Nortel. During his 23 years with Nortel, he held a number of key executive positions, and is credited for building strategies which leveraged service offerings globally, transforming worldwide business operations and processes to become more responsive and competitive while enhancing profit margins and improving customer satisfaction. He holds a Bachelor in Industrial Engineering from Polytechnique de Montreal. His appointment is effective January 30, 2006 and he will be based in Montreal.

Mr. Bolouri replaces Bill Zoeller who is retiring after 31 years with Air Canada. "Bill played a key role in building ACTS into a world class MRO provider," said Mr. Milton. "Under his leadership, ACTS successfully leveraged its MRO expertise and knowledge of commercial airline operations to grow its third party revenues by securing major agreements with leading airlines, including Delta Air Lines and Jet Blue. I salute and thank him for his strong contribution to Air Canada throughout his career." 

Reporting to Mr. Bolouri are: Mark Swearingin, Executive Vice President, Eastern Operations, Basil Papayoti, Vice President & Chief Commercial Officer; Pat Iaconi, Vice President & Chief Financial Officer; John Imber, Vice President, Corporate Resources and Ron Elvidge, Vice President, Western Operations.

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