CAE Explores Strategic Alternatives For Aviation Software Unit Flightscape

MT Newswires Live
05/11

CAE (CAE) said Monday that it is evaluating strategic options for its Flightscape aviation software business following a recent portfolio review.

The assessment will consider a potential sale, strategic partnerships, or outside investments, to focus on its primary simulation and training operations, the company said.

The cloud-based software platform provides planning and operations services to the airline industry and employs roughly 600 workers worldwide, CAE said.

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