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CAE Inc T.CAE

Alternate Symbol(s):  CAE

CAE Inc. is a technology company. It operates in two segments: Civil Aviation and Defense and Security. The Civil Aviation training segment provides comprehensive training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training and crew sourcing services, as well as aircraft flight operations solutions. It manages approximately 324 full-flight simulators. Its training systems includes CAE Real-time Insights and Standardized Evaluations (CAE Rise), which improves training through the integration of untapped flight and simulator data-driven insights into training. The Defense and Security segment provides platform-independent training and simulation solutions, preparing global defense and security forces for the mission ahead. In addition to solutions delivered to customer sites, it provides comprehensive training at its CAE global training centers.


TSX:CAE - Post by User

Comment by RickHunteron May 21, 2020 10:20pm
213 Views
Post# 31059170

RE:price / future

RE:price / future
Pilots have to still do the certification and add hours to their flight book by using simulators. I have a friend mechanic at aircanada and they have their own similator from cae. To repair this machine must be expansive good for CAE. There are model of value of more than 30million dollars. CAE jave also a medical devision since near 10 years for surgery and they do more than 10000 respirators for canadian government. Also CAE have a lot of recurring business with long term contract for defence of many country. CAE have nearly a monopole worldwide on simulator for plane. So im not worry about the stock i bought some since a month and a half. Pilot still need to train. CAE is in better shape than airline with more recurring business and diversification in healthcare.
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