When Bombardier dropped its bombshell announcements Nov. 8—including the sale of the Q400 program and 5,000 job cuts—perhaps the least surprising revelation was that Canadian cousin CAE would buy Bombardier’s two business-aviation training centers in Dallas and Montreal. CAE also will pay down part of an earlier deal that made it the factory-authorized training provider for Global, Challenger and Learjets. Combined, the moves mean $800 million for Bombardier and an ...

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