CAE Inc T.CAE

Alternate Symbol(s): CAE

Industrials Aerospace & Defense

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.

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CAE Inc

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Post by SailorSailoron Sep 18, 2000 10:37pm

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Post# 2514770

CAE Inc.

CAE Invests $60 Million in Pilot Training Facility (14:50 EST) CAE Inc. [T.CAE] +$0.65 to $20.45 CAE announced Monday it is investing $60 million in a flight simulation training facility near Pearson International Airport in Toronto. CAE, which makes and sells flight simulators to airlines, said the investment is part of its move to further position itself in the over US$8 billion global pilot training market. The company has Canada 3000 [T.CCC] and Skyservice lined up as clients when the facility is expected to commence operations in the fall of 2001. [Related Link]

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