Bombardier Closes Sale Of Bizav Training Unit To CAE

Credit: Global 7000: Bombardier
Bombardier said it has concluded the sale of its flight and technical activities to CAE in a deal valued at $645 million. Net proceeds are expected of about $500 million after the assumption of liabilities, fees and closing adjustments. The companies announced the deal in November. Under the...

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.