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Stock impact report

CAE concludes acquisition of Sabre's Airline Operations (AirCentre) portfolio

CAE Inc. Ordinary Shares (CAE) 
Last cae inc. ordinary shares earnings: 2/7 08:23 am Check Earnings Report
US:NYSE Investor Relations: cae.com/investors
Company Research Source: PR Newswire
Positions CAE as a digital technology leader, complementing CAE flight simulator and training solutions Offers flight, crew, aircraft movement, airport and in-flight management and optimization tools that deliver efficiency for the flight ecosystem Airline Operations portfolio, RB Group and Merlot form CAE's new Civil Flight Services portfolio MONTREAL, March 1, 2022 /PRNewswire/ - CAE (NYSE: CAE) (TSX: CAE) announced today that it has concluded the previously announced acquisition of Sabre's Airline Operations portfolio (formerly known as AirCentre solutions), a highly valuable suite of flight and crew management and optimization solutions, for an enterprise value of US$ 392.5 million. The acquisition includes the Sabre Airline Operations product portfolio, related technology and intellectual property as well as the transfer of highly talented workforce."We are very pleased to welcome Sabre's Airline Operations customers and employees to CAE," said Marc Parent, CAE's President and C Show less Read more
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