Business · Companies · 5 hrs ago
CAE to sell Flightscape to SITA in US$500-million deal
Montreal-based CAE has agreed to sell Flightscape to SITA for a deal valued at US$500 million.
Flightscape is CAE’s airline operations software business, helping airlines plan flights, manage crews and coordinate services.
The sale follows a strategic review CAE announced five months earlier.
CAE says the sale will sharpen its focus on its core civil and defence businesses.
It plans to put the proceeds toward its simulation and training businesses.
Flightscape will keep operating as usual until the deal closes.
The transaction is expected to close in the first half of 2027, subject to regulatory approvals and other conditions.
CAE has agreed to sell its airline operations software business Flightscape to aviation technology company SITA.
The deal is valued at US$500 million, including debt, according to The Globe and Mail.
CAE says the sale will sharpen its focus on its core civil and defence businesses.
Flightscape is expected to operate as usual until the transaction closes.
The deal is expected to close in the first half of 2027, subject to regulatory approvals and other closing conditions.
- Who
- CAE is selling Flightscape to SITA.
- What
- The companies have agreed to a sale valued at US$500 million.
- When
- The deal was announced on October 26, 2026. It is expected to close in the first half of 2027.
- Where
- Montreal, Canada, where CAE is based, according to the article.
- Why
- CAE says the sale will sharpen its focus on its core civil and defence businesses. It plans to put the proceeds toward its core simulation and training businesses.
This story does not have two clearly opposing sides.
CAE said it would pursue a strategic review of Flightscape.
CAE announced its agreement to sell Flightscape to SITA.
The transaction is expected to close, subject to regulatory approvals and other closing conditions.
- Buyer
- SITA
- Business being sold
- Flightscape, CAE’s airline operations software business
- Deal value
- US$500 million, including debt
- Expected closing
- First half of 2027
- Planned use of proceeds
- CAE’s core simulation and training businesses