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CAE concludes acquisition of AirAsia's share of the Asian Aviation Centre of Excellence (AACE)

2017-11-21 marketwired
MONTREAL, QUEBEC--(Marketwired - Nov. 21, 2017) - (NYSE:CAE)(TSX:CAE) - CAE announced today that it has concluded the acquisition of AirAsia's share of the Asian Aviation Centre of Excellence (AACE) for US$100 million (including earn-out). All the required conditions and regulatory approvals have been obtained. The sale and purchase agreement had been announced in a press release dated August 24, 2017. (5-1)

CAE reports second quarter fiscal 2018 results

2017-11-10 marketwired
- EPS from continuing operations of $0.24 ($0.22 before ZFTC gain) vs. $0.18 ($0.21 before specific items(1)) in prior year (20-0)

REMINDER/Media Advisory: CAE's FY2018 second quarter financial results and conference call

2017-11-08 marketwired
MONTREAL, QUEBEC--(Marketwired - Nov. 8, 2017) - (NYSE:CAE)(TSX:CAE) - CAE will release its fiscal year 2018 second quarter results on Friday, November 10, 2017. A conference call will be held on the same day at 1 p.m. Eastern Time (ET) to provide analysts and institutional investors with a review of CAE's performance and outlook. (5-0)

CAE sells world's first airline-operated Boeing 777X full-flight simulator to Lufthansa Aviation Training

2017-10-31 marketwired
BERLIN, GERMANY--(Marketwired - Oct. 31, 2017) - (NYSE:CAE)(TSX:CAE) - CAE announced today at the 2017 European Aviation Training Symposium (EATS) that it has sold the world's first airline-operated Boeing 777X full-flight simulator (FFS) to Lufthansa Aviation Training. As the launch airline customer of the first-ever Boeing 777X aircraft expected to take wing in 2020, Lufthansa will begin training its pilots across its training network in Germany on the CAE 7000XR Series FFS equipped with CAE Tropos-6000XR innovative visual systems in the first half of 2020. (5-0)

CAE signs 15-year Airbus A350 pilot training agreement with Iberia Airlines

2017-10-31 marketwired
BERLIN, GERMANY--(Marketwired - Oct. 31, 2017) - (NYSE:CAE)(TSX:CAE) - CAE announced today at the 2017 European Aviation Training Symposium (EATS) the signature of an exclusive long-term A350 pilot training contract with Iberia Airlines, one of the world's distinguished legacy carriers. Under the agreement, Iberia pilots will receive Airbus A350 training at CAE's training centre in Madrid starting in the second half of 2018. (5-0)

CAE expands training relationships and footprint in Europe

2017-10-31 marketwired
BERLIN, GERMANY--(Marketwired - Oct. 31, 2017) - (NYSE:CAE)(TSX:CAE) - CAE announced today at the 2017 European Aviation Training Symposium (EATS) aviation training solutions contracts with European airlines, including Brussels Airlines and Stobart Air, as well as the expansion of its footprint in Europe. Reinforcing its leadership position in the region, the company inaugurated new ATR 72-600 and A320 full-flight simulators and updated training equipment to the latest standards in Madrid, Spain; Amsterdam, The Netherlands; and London Gatwick, United Kingdom. (5-0)

American Society of Anesthesiologists and CAE Healthcare launch first-of-its-kind interactive simulation product, Anesthesia SimSTAT - Trauma

2017-09-20 marketwired
Anesthesia providers have been unable to improve their education and management of anesthetic emergencies in a virtual online environment, on-demand, from a simple laptop - until now. Today, the American Society of Anesthesiologists (ASA), and CAE Healthcare unveiled Anesthesia SimSTAT - Trauma, the first in a series of Anesthesia SimSTAT interactive screen-based simulation modules. Anesthesia SimSTAT - Trauma is specifically designed to offer anesthesia providers an advanced training involving accident victims. (5-0)

CAE USA comment on United States Army Initial Entry Rotary-Wing Instructor Support Services contract

2017-09-14 marketwired
TAMPA, FLORIDA--(Marketwired - Sept. 14, 2017) - (NYSE:CAE)(TSX:CAE) - CAE USA has been advised that following the protest of the initial award to CAE USA, the Initial Entry Rotary-Wing Instructor Support Services contract was granted to the incumbent contractor.

Kenneth Patrick, founder of CAE, honoured with a street in his name

2017-09-13 marketwired
MONTREAL, QUEBEC--(Marketwired - Sept. 13, 2017) - (NYSE:CAE)(TSX:CAE) - CAE and the City of Montreal borough of Saint-Laurent inaugurated today Kenneth-Patrick Street in Montreal, in honour of the founder of the global training company that now employs 8,500 people around the world. The ceremony took place in the presence of employees and members of Kenneth Patrick's family.

CAE announces the final 2017 Annual Meeting Board of Directors election results

2017-08-11 marketwired
MONTREAL, CANADA--(Marketwired - Aug. 11, 2017) - (NYSE:CAE)(TSX:CAE) CAE today announced the final director election results from the 2017 Annual Meeting of Shareholders.

Singapore Airlines and CAE to establish flight training centre in Singapore

2017-08-11 asdnews
Singapore Airlines (SIA) and CAE (NYSE: CAE; TSX: CAE) have signed a Memorandum of Understanding (MOU) to establish a joint venture for pilot training in Singapore. The joint venture will initially focus primarily on providing simulator training for Boeing aircraft types, supporting SIA Group airlines and other operators' pilot training needs in the region.

CAE reports first quarter fiscal 2018 results and announces dividend increase

2017-08-10 marketwired
- EPS from continuing operations of $0.24 vs. $0.25 ($0.26 before specific items(1)) in prior year

CAE sells equity stake in ZFTC joint venture with China Southern Airlines

2017-08-10 marketwired
MONTREAL, QUEBEC--(Marketwired - Aug. 10, 2017) - (NYSE:CAE)(TSX:CAE) - CAE and China Southern Airlines have concluded a sale and purchase agreement which involves China Southern Airlines acquiring CAE's 49% equity stake in the jointly-held Zhuhai Flight Training Centre (ZFTC) for US$96 million, excluding post closing adjustments.

Singapore Airlines and CAE to establish flight training centre in Singapore

2017-08-10 marketwired
SINGAPORE, SINGAPORE--(Marketwired - Aug. 10, 2017) - Singapore Airlines (SIA) and CAE (NYSE:CAE)(TSX:CAE) have signed a Memorandum of Understanding (MOU) to establish a joint venture for pilot training in Singapore. The joint venture will initially focus primarily on providing simulator training for Boeing aircraft types, supporting SIA Group airlines and other operators' pilot training needs in the region.

REMINDER/Media Advisory: CAE's FY2017 Annual Meeting of Shareholders and FY2018 first quarter financial results and conference call

2017-08-08 marketwired
MONTREAL, CANADA--(Marketwired - Aug. 8, 2017) - (NYSE:CAE)(TSX:CAE) - Representatives of the media are invited to attend CAE's 2017 Annual Meeting of Shareholders on Thursday, August 10, at 11:00 a.m. Eastern Time (ET). The meeting will be held at the CAE offices in Saint-Laurent, Quebec (Entrance 4 - Auditorium).