CAE Buys 50% Share Of DAC Business Aviation Training Empire

Aerospace and defense training leader CAE will form a joint venture with Directional Aviation Capital’s affiliate Volo Sicuro and take a 50% stake in simulator-based training company Simcom, the companies announced Aug. 29. In turn, DAC’s affiliated business aircraft operators–Flexjet, Flight...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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