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Flight simulator maker CAE slimming down ahead of schedule, CEO says

Summary by Narcity

CAE Inc. chief executive Matthew Bromberg says the flight simulator maker is shrinking its global footprint more quickly than planned, as it launches into the second half of a yearlong overhaul aimed at cutting costs. The CEO says the Montreal-based company now expects to retire 16 to 18 flight simulators by the end of its fiscal year in late March, up from 13 to 15 previously. The change comes as part of a transformation plan set in motion by B…

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The Toronto Star

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Flight simulator maker CAE slimming down ahead of schedule, CEO says

MONTREAL - CAE Inc. chief executive Matthew Bromberg says the flight simulator maker is shrinking its global footprint more quickly than planned, as it launches into the second half of

2 hours ago·Toronto, Canada

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