CAE Acquires Oxford Aviation Academy

AINalerts » May 17, 2012
May 17, 2012, 1:40 PM

Flight training provider CAE has expanded its network of instruction centers to 42 with the acquisition of Oxford Aviation Academy. Through the $309 million purchase, the Canadian company adds seven civil aviation training centers in Denmark, Norway, Sweden, the UK and Hong Kong, in the process gaining 40 full-flight and 27 cabin-crew simulators. CAE also gains four ab initio flight academies in the U.S., UK, Australia and Hong Kong equipped with 88 airplanes. Over the past 50 years, Oxford’s academies have trained more than 26,000 pilots.

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