Overview
- CAE said it will consider a full range of options for Flightscape, including a sale, outside investment, or strategic partnerships.
- CEO Matthew Bromberg said the portfolio review showed Flightscape could grow faster under alternative ownership or partnership structures.
- Flightscape is a cloud-based software platform used by major airlines for planning, operations control, and decision support, supported by more than 600 staff across three regions.
- The company cautioned there is no certainty the process will lead to a deal and any outcome would depend on counterparties, market conditions, and regulatory approvals.
- The move follows a broader reset at CAE that includes a plan to exit non-core assets, recent job cuts, and a review of several European training centers, while analysts note strong investor interest in aviation software businesses.