CAE Invests $85 Million For Stake In Simcom

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...

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.