CAE has concluded a multilayered arrangement with Directional Aviation Capital involving investing $85 million for a 50% stake in Simcom, which in turn purchased five CAE simulators and five flight-training devices, and entering a 15-year exclusive contract under which Simcom will provide training for Directional’s various flight operations. Those operations include Flexjet, Flight Options, Flairjet, Sirio, Nextant Aerospace and Corporate Wings whose combined fleet numbers 175 business ...

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