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CAE to Sell Aviation Operations Software Business for US$500M
CAE said the sale will refocus its business on civil and defence operations and put proceeds toward simulation and training.
- On Monday, CAE Inc. announced an agreement to sell its airline operations software business, Flightscape, to aviation technology company SITA for an enterprise value the company says is US$500 million.
- Following a strategic review initiated five months ago, CAE CEO Matthew Bromberg seeks to sharpen the company's focus on its core civil and defence businesses through this transaction.
- Flightscape helps airlines plan flights, manage crews and coordinate ground and in-flight services; the deal is expected to close in the first half of 2027, subject to regulatory approvals.
- Proceeds from the sale will support CAE's core simulation and training businesses, with Bromberg noting that SITA is "well positioned to support its customers, employees, and continued growth."
- Broader cost-reduction efforts under Bromberg included an April job cut affecting 280 workers, a strategy this divestiture now complements as CAE reshapes around core operations.
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The Montreal manufacturer of CAE flight simulators finally found a buyer for Flightscape, its aeronautical software division.
·Montreal, Canada
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Coverage Details
Total News Sources18
Leaning Left8Leaning Right0Center6Last UpdatedBias Distribution57% Left
Bias Distribution
- 57% of the sources lean Left
57% Left
L 57%
C 43%
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