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Textron To Sell Tru Simulation + Training Canada To CAE
Cae Announces $300 Mln Public Offering Of Common Shares
Cae Files For Mixed Shelf Of Upto $2 Bln - SEC Filing
CAE Inc. provides training for the civil aviation, defense and security, and healthcare markets. The Company designs and integrates training solutions. The Company operates through three segments: Civil Aviation Training Solutions, Defense and Security, and Healthcare. It caters to three markets, such as the civil aviation market, which includes commercial airlines, regional airlines, business aircraft operators, civil helicopter operators, aircraft manufacturers, third-party training centers, flight training organizations (FTOs), maintenance repair and overhaul organizations (MROs) and aircraft finance leasing companies; the defense and security market, which includes defense forces, original equipment manufacturers (OEM), government agencies and public safety organizations across the world, and the healthcare market, which includes hospital and university simulation centers, medical and nursing schools, paramedic organizations, defense forces, medical societies and OEMs.
8585 Ch de la Cote-de-Liesse
John P. Manley
Independent Chairman of the Board
President, Chief Executive Officer, Director
Chief Financial Officer, Vice President - Finance
Group President - Defence & Security
Group President - Civil Aviation Training Solutions
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Cessna business jet maker Textron Inc said on Wednesday it has agreed to sell a portion of its flight simulation and training business to Canada's CAE Inc for $40 million in cash.
Cessna business jet maker Textron Inc said on Wednesday it has agreed to sell a portion of its flight simulation and training business to Canada's CAE Inc for $40 million in cash. (Reporting by Ankit Ajmera in Bengaluru; Editing by Shailesh Kuber)
Canada's CAE Inc <CAE.TO> on Tuesday reported positive cash flow and earned a surprise adjusted quarterly profit, as client usage of its civil aviation training centers rebounded since the start of COVID-19, lifting shares as much as 7.4%.
Canada's CAE Inc reported a quarterly loss on Tuesday as the COVID-19 pandemic hit demand for training and deliveries of full-flight simulators.
CAE Inc <CAE.TO> said on Wednesday it is in advanced discussions with airlines about doing more training of their pilots after the company reported a bigger than expected quarterly loss due to COVID-19.
* CAE RECEIVES HEALTH CANADA CERTIFICATION FOR ITS LIFE-SAVING CAE AIR1™ VENTILATOR
Civil aviation training company CAE Inc <CAE.TO> on Friday reported a 35.8% fall in quarterly profit, hurt by a slump in training revenue in March due to the COVID-19 pandemic, and the Canadian company warned of a significant impact in the short term.
Training specialist CAE said on Monday it would recall 1,500 furloughed employees and had signed a contract with Canada to make 10,000 ventilators in response to the coronavirus pandemic.
Civil aviation training company CAE said on Monday it would recall all its employees in Canada who were furloughed in response to the coronavirus pandemic.
Civil aviation training company CAE said on Monday it would temporarily lay off 2,600 of its 10,500 employees and freeze salaries for some of its staff to cut costs amid the coronavirus pandemic.
* CAE INC - COMMON SHARE DIVIDEND AND SHARE REPURCHASES SUSPENDED
* CAE HEALTHCARE TO OFFER CORONAVIRUS SIMULATION TRAINING SCENARIO AND WEBINARS FOR HEALTHCARE PROVIDERS
Canada's CAE Inc <CAE.TO>, the world's largest civil aviation training company, on Friday reported a better-than-expected profit, driven by strength in its commercial pilot training and simulators business.
Canada's CAE Inc, the world's largest civil aviation training company, on Friday reported a better-than-expected profit, driven by strength in its commercial pilot training and simulators business.
Canada's CAE Inc, the world's largest civil aviation training company, on Friday reported a 26% rise in quarterly profit on higher sales in its commercial pilot training and simulators business.
CAE Inc <CAE.TO> expects strong demand from airlines for pilot training when Boeing Co's <BA.N> grounded 737 MAX jets are cleared to fly, Chief Executive Marc Parent told analysts on Wednesday, after the Canadian training specialist reported lower-than-expected quarterly...
Canada's CAE Inc reported a 11.4% fall in quarterly profit on Wednesday, as the world's largest civil aviation training company was hit by higher expenses.
Aviation training firm CAE Inc said on Tuesday it expects global demand for pilots to rise with fleet growth and changing crew ratios, and the active combined airline and business jet pilot population will exceed half a million by 2028.
Qatar Airways on Monday agreed to buy five full-flight simulators from aviation training firm CAE, executives from both companies said at a signing ceremony at the Farnborough Airshow.
Qatar Airways on Monday agreed to order flight simulators from aviation training firm CAE, a CAE executive said ahead of a signing ceremony at Farnborough Airshow.
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