CAE to buy full control of AirAsia training JV

Credit: CAE/Twitter
Canadian training specialist CAE will pay $100 million to acquire full control over the Asian Aviation Centre of Excellence (AACE), 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—located in...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.