Category: CAE
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Read more: CAE to increase ownership stake in SIMCOM Aviation Training joint venture and extend exclusive Business Aviation training agreement with Flexjet and its affiliates.
MONTREAL, Nov. 4, 2024 /CNW/ – (NYSE: CAE) (TSX: CAE) – CAE announced today that it will increase its ownership stake in its existing SIMCOM Aviation Training (SIMCOM) joint venture by purchasing a majority of SIMCOM shares from Volo Sicuro for USD $230 million, subject to customary adjustments, to be financed with CAE’s existing credit facility and cash on hand. As…
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Read more: Applications Open Tomorrow for Sixth Edition of the Air Canada and CAE Captain Judy Cameron Scholarship
MONTREAL, Oct. 31, 2024 /CNW/ – Air Canada and CAE, two Montreal-based global aviation companies, proudly continue their collaboration in fostering the next generation of women in non-traditional airline careers through the Captain Judy Cameron Scholarship, and today announced that applications for the 2025 edition of the Scholarship will open on November 1, 2024. Up to eight young Canadian women…
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Read more: CAE awarded contract from SkyAlyne to support Canada’s Future Aircrew Training (FAcT) Program
Montreal, Canada, October 1, 2024 — CAE announced today that it has signed a 25-year sub-contract valued at approximately $1.7 billion from SkyAlyne, a joint venture between CAE and KF Aerospace, to provide the Royal Canadian Air Force (RCAF) with modern, state-of-the-art pilot training. As a major subcontractor to the Future Air Crew Training (FAcT) program,…
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Read more: CAE reports first quarter fiscal 2025 results
MONTREAL, Aug. 13, 2024 /CNW/ – (NYSE: CAE) (TSX: CAE) – CAE Inc. (CAE or the Company) today reported its financial results for the fiscal first quarter ended June 30, 2024. The Company also provided an update on its progress to streamline its organization and operations by leveraging opportunities to enhance synergies between business units and drive efficiencies. Based on these initiatives…
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Read more: CAE signs agreement with Wizz Air for next-generation Flight Operations Solutions software
Montreal, Canada, May 27, 2024 – (NYSE: CAE; TSX: CAE) CAE announced today that it has signed a multi-year agreement with the European ultra-low-cost carrier, Wizz Air, to equip the rapidly-growing airline with its feature-rich Operations Control and Crew Management software, part of CAE’s comprehensive suite of Flight Operations platform. Wizz Air will also implement…
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Read more: CAE announces changes to its Board of Directors
Montreal, Canada, May 16, 2024 – CAE Inc. (CAE or the Company) today announced the appointment of Patrick Decostre to the Board of Directors, effective immediately. Mr. Decostre is President, Chief Executive Officer and a director of Boralex Inc., a provider of affordable renewable energy in North America and Europe. Prior to his appointment as…
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Read more: NAV CANADA and CAE form partnership to train Air Traffic Controllers and Flight Service Specialists
MONTREAL, April 16, 2024 /CNW/ – (NYSE: CAE) (TSX: CAE) – NAV CANADA and CAE today announced that they have signed a strategic agreement to increase training capacity for crucial air traffic services professionals. Under this first-of-its-kind partnership in Canada, CAE instructors will deliver initial training for Flight Service Specialists and Air Traffic Controllers using NAV CANADA’s training curriculum and courseware. The first…
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Read more: First full flight simulator with gaming-engine-powered CAE Prodigy image generator achieves level D qualification
Montreal, Canada, March 26, 2024 – (NYSE: CAE; TSX: CAE) CAE today announced that it is the first leading aviation simulation and training organization to seamlessly integrate a gaming engine into its full-flight simulator (FFS) visual system and achieve level D qualification*, the highest level of qualification for a FFS. The FFS is equipped with…
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Read more: CAE signs long-term agreement with Akasa Air for Boeing 737MAX pilot training
Montreal, Canada, March 18, 2024 CAE today announced that it has signed a long-term agreement with Akasa Air, India’s fastest growing airline, to provide Boeing 737MAX pilot training at CAE’s facilities in India. Akasa Air will leverage CAE’s best-in-class training facilities, instructors, and latest generation full-flight simulators for the next 15 years, fulfilling the airline’s…
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Read more: Air Canada and CAE Announce 2024 Judy Cameron Scholarship Winners
MONTREAL, March 8, 2024 /CNW/ – Today on International Women’s Day, Air Canada and CAE are proud to announce the eight winners of the 2024 Captain Judy Cameron Scholarships. The two Montreal-based global aviation companies have again joined forces, to award scholarships to eight women from across Canada who are pursuing careers as commercial pilots or aircraft maintenance engineers. The…
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