ACE is the name of a crew leasing company owned by Air Atlanta Icelandic.
Pilots are hired on total $175 per day (nothing else!). The sole purpose of ACE is to dodge Icelandic employment laws and taxes as well as any form of union that these poor souls might want to form. ACE is located (I think) in a desk drawer in Virgin Islands. I heard once of a pissed off Air Atlanta pilot that was there, he wanted to visit ACE headquarters. He went to this address, the one on his small paycheck, and found a tiny sign on a tree in between traffic lanes: "ACE crew leasing" read the sign. He took a photo of this. I think this was then published on the Net.
Does anyone know anything about this?
MB