CAE Inc. buys AirAsia's stake in joint venture for $100M

CAE Inc. has bought AirAsia's stake in their joint venture, Asian Aviation Centre of Excellence, for $100 million, gaining full control of training centres in Malaysia, Singapore, Vietnam and the Philippines.

“CAE Inc., which provides training and simulation for civil aviation and defence markets, has bought AirAsia’s stake in its joint-venture for $100-million, giving it full control over several training centres scattered across southeast Asia.”financialpost.com

• 1 source
• financialpost.comFlight simulator maker CAE Inc. buys out AirAsia's stake in joint venture for $100M - Financial PostAlicja SiekierskaAug 24, 2017

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