Exchange Income's PAL Aerospace Gets C$750 Million Contract for Royal Canadian Air Force Training Program

Dow Jones

Jul 15

Exchange Income Corp.'s PAL Aerospace subsidiary landed a roughly 750 million Canadian dollars ($533 million) contract from the provider of Royal Canadian Air Force future aircrew training, SkyAlyne, to provide aircraft modifications, training and support.

SkyAlyne, a joint venture between CAE and KF Aerospace, in May 2024 received a contract from the Canadian government for the future aircrew training program, an effort to modernize and enhance both pilot and aircrew training.

PAL Aerospace has agreed to provide all aircraft modifications for the Royal Canadian Air Force CT-142Q Citadel, the aircraft that will serve as the platform for training airborne electronic sensor operators and air combat systems officers.

Exchange Income said its subsidiary also will deliver Wings Standard training to all the officers and operators in the program through the life of the contract, and provide in-service support for the operation of the fleet.

Exchange Income said PAL Aerospace will work with SkyAlyne to shift focus toward the delivery of initial operating capabilities, helping ensure a smooth transition from existing programming.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

July 15, 2026 08:19 ET (12:19 GMT)

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Stewart at robb.stewart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 15, 2026 08:19 ET (12:19 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0390134368.USD","symbol_name":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2651468247","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2651468247","pubTimestamp":1784117940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Exchange Income Corp.'s PAL Aerospace subsidiary landed a roughly 750 million Canadian dollars  contract from the provider of Royal Canadian Air Force future aircrew training, SkyAlyne, to provide aircraft modifications, training and support.SkyAlyne, a joint venture between CAE and KF Aerospace, in May 2024 received a contract from the Canadian government for the future aircrew training program, an effort to modernize and enhance both pilot and aircrew training.PAL Aerospace has agreed to provide all aircraft modifications for the Royal Canadian Air Force CT-142Q Citadel, the aircraft that will serve as the platform for training airborne electronic sensor operators and air combat systems officers.Exchange Income said its subsidiary also will deliver Wings Standard training to all the officers and operators in the program through the life of the contract, and provide in-service support for the operation of the fleet.Exchange Income said PAL Aerospace will work with SkyAlyne to shift fo","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","BK4187":"航天航空与国防","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4232":"货物陆运","CAE":"CAE Inc","BK4017":"黄金","PAL":"Proficient Auto Logistics","LU0345780281.USD":"NINETY ONE GSF GLOBAL GOLD \"A\"  ACC","RGLD":"皇家黄金","LU0345780521.USD":"NINETY ONE GSF GLOBAL GOLD \"A\" (USD) INC"},"translate_title":"Exchange Income 的 PAL Aerospace 获得加拿大皇家空军训练计划价值 7.5 亿加元的合同","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RGLD":1.5,"PAL":1.5,"CAE":0.9},"content_text":"Exchange Income Corp.'s PAL Aerospace subsidiary landed a roughly 750 million Canadian dollars ($533 million) contract from the provider of Royal Canadian Air Force future aircrew training, SkyAlyne, to provide aircraft modifications, training and support. \n\n\n  SkyAlyne, a joint venture between CAE and KF Aerospace, in May 2024 received a contract from the Canadian government for the future aircrew training program, an effort to modernize and enhance both pilot and aircrew training. \n\n\n  PAL Aerospace has agreed to provide all aircraft modifications for the Royal Canadian Air Force CT-142Q Citadel, the aircraft that will serve as the platform for training airborne electronic sensor operators and air combat systems officers. \n\n\n  Exchange Income said its subsidiary also will deliver Wings Standard training to all the officers and operators in the program through the life of the contract, and provide in-service support for the operation of the fleet. \n\n\n  Exchange Income said PAL Aerospace will work with SkyAlyne to shift focus toward the delivery of initial operating capabilities, helping ensure a smooth transition from existing programming. \n\n\n \n\n\n  Write to Robb M. Stewart at robb.stewart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 15, 2026 08:19 ET (12:19 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}