Activist investor Browning West has taken a 4.3% stake in Canadian training and simulation leader CAE as the latter is searching for a new CEO in 2025.
The Corporate Angel Network is seeking the business aviation community’s support for its annual fundraiser during the NBAA's yearly convention and exhibition.
The imminent departure of CAE CFO Sonya Branco follows other recent sub-CEO management changes at the Montreal company, including the appointment of a new COO.
CAE's Women In Flight Ambassador program has a new representative: student pilot Elle Betchley, who is committed to increasing visibility for future female pilots.
Icelandair reported a second quarter (Q2) net profit of $0.6 million, versus $13.7 million in Q2 2023, negatively affected by softer demand to Iceland.
Canada finalized a contract with the CAE- and KF Aerospace-led SkyAlyne team to modernize the initial fixed-wing and helicopter RCAF pilot training pipeline.
CAE and its partners have passed the PDR for their program to electrify the Piper Archer training aircraft and are heading into detail design of the testbed.
The training specialist forecasts that in less than 10 years, more than 8,000 bizav pilots and 10,000 private jet MRO technicians will be needed in Europe alone.
But financial analysts believe the Canadian simulation and training giant remains on track for overall growth due to its predominant civil aviation business.
Singapore Airlines' LCC Scoot recently added Embraer's E190-E2 jets to its family. Captain Darius Yeo explains how the airline is retraining its pilots.
Embraer opened the Asia-Pacific’s first E-Jet E2 flight simulator at the Singapore Airlines Training Center, ahead of first delivery of the E190-E2 to Scoot.
Canadian aerospace and defense training leader CAE will use proceeds from the sale to pay off debt and invest in its core training and simulation markets.
