CAE Explores Strategic Alternatives For Aviation Software Unit Flightscape
MT Newswires Live
May 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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