PLANT

News Aerospace Manufacturing General
October 6, 2020  

CAE first Canadian aerospace company to become carbon neutral

Made investments in projects that offset its remaining annual carbon emissions.

News Aerospace General
August 12, 2020  

CAE to lay off 350 mostly Canadian employees, as Q1 revenue drops

About 200 of the layoffs will be at the flight simulator maker’s headquarters in Montreal.

News Manufacturing General
June 17, 2020  

CAE ventilator receives Health Canada certification, starts shipping

Will manufacture and supply 10,000 ventilators for hospitals across Canada.

News Aerospace Manufacturing General
May 25, 2020  

CAE foresees ‘major disruptions’ into autumn due to COVID-19

CEO Marc Parent believes 2020-21 “will be a tale of two halves” for the flight simulator manufacturer.

News Aerospace Manufacturing General
April 20, 2020  

CAE recalls laid-off employees, signs contract with feds for ventilators

Ventilator design and testing is being finalized with an order from the federal government for 10,000 units.

News Manufacturing General
April 6, 2020  

CAE announces 2,600 temporary layoffs in response to COVID-19

The company also announced salary freezes and salary reductions for staff not affected

News General
September 19, 2019  

CAE receives parity certification from Women in Governance

Recognized for launching a diversity and inclusion initiative aimed at strengthening the participation of women.

News Aerospace General
May 21, 2019  

CAE shares surge to all time high after posting strong cap to a great year

The order backlog reached a record $9.5 billion and the company had 78 full-flight simulators for the year.

News Aerospace Manufacturing General
June 20, 2017  

CAE forecasts 255,000 pilots needed by 2027, a third in North America

The number of planes is expected to rise from 25,000 this year to 37,000 in 10 years.

News Aerospace Manufacturing General
February 13, 2017  

Airbus awards CAE $200M contract for RCAF search and rescue aircraft

Includes training facility in BC and options that could raise the value to $300 million.

News Aerospace Manufacturing General
January 12, 2017  

CAE signs RCAF, US Army training contracts worth $1B

Canadian deal modifies, extends NATO Flying Training program to 2023.

News Aerospace Manufacturing General
September 13, 2016  

CAE lands aerospace defence contracts worth $120M

Will supply training and simulator technology to US and Austrian military branches.

News General
April 12, 2016  

CAE lands $200M aviation training contracts

Agreements cover flight simulators to training programs.

News Aerospace Manufacturing General Operations Production
February 2, 2016  

CAE raises simulator sales forecast after winning US$350M contracts

Company expects to sell more than the 41 full-flight simulators it sold in the last fiscal year.

News Aerospace Manufacturing Economy General
August 26, 2015  

Bombardier says Chinese woes slowing sales

But Montreal-based aerospace giant says long-term prospects bright.