How aviation firm CAE managed to thrive during the pandemic [Financial Post (Toronto, Ontario, Canada)]
CAE Inc. Ordinary Shares (CAE)
Last cae inc. ordinary shares earnings: 2/7 08:23 am
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Source: Financial Post
Article content Marc Parent, chief executive of Montreal-based aviation company CAE Inc., should be glum. The pandemic is nearing its second anniversary, a reminder of how long Parent's industry has been operating under a pall. Wave after wave of COVID-19 infections has forced mass flight cancellations, stopping a promising recovery for the air-travel industry in its tracks. At one point, CAE's stock price had lost more than half of its value, and a recent rally has been clipped by the Omicron wave. Advertisement Article content But despite all that, Parent has managed to remain positively buoyant about the future. “You might find this strange,” Parent said recently during an a rare interview, “but I've never been more excited about the growth prospects of this company.” Somehow, CAE, a company that trains pilots, makes flight simulators, and develops flight software has managed to thrive during the pandemic. Parent took advantage of the crisis to reposition CAE. Early
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CAE
News
- NAV Canada threatens workers with use of scabs [Yahoo! Finance]Yahoo! Finance
- NAV Canada threatens workers with use of scabsPR Web
- CAE Inc. (NYSE: CAE) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $25.00 to $29.00. They now have a "buy" rating on the stock.MarketBeat
- Market movers: Stocks seeing action on Tuesday - and why [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- NAV CANADA and CAE form partnership to train Air Traffic Controllers and Flight Service Specialists [Yahoo! Finance]Yahoo! Finance
CAE
Earnings
- 2/14/24 - Beat
CAE
Sec Filings
- 2/14/24 - Form 6-K
- 2/13/24 - Form SC
- 2/13/24 - Form SC
- CAE's page on the SEC website