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CAE Buying Control Of AirAsia Training JV

Victoria Moores August 25, 2017
Canadian training specialist CAE is to pay $100 million for full control over the Asian Aviation Centre of Excellence (AACE), which is currently a 50-50 joint venture with LCC AirAsia. “The transaction of $100 million, including earn-out, will give CAE full control over AACE’s three training centers...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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