Ace Aviation Holdings Inc. reported consolidated earnings results for the second quarter ended June 30, 2015. In the second quarter of 2015, ACE recorded a decrease in net assets in liquidation of approximately $115 million as a result of the distribution to the shareholders of ACE in the aggregate amount of $115 million which was paid on June 2, 2015. Income for the quarter was approximately $24,000, as a result of interest income earned during the quarter offset by administrative and other expenses.