CAE agrees to sell Flightscape to SITA at enterprise value of US$500 million
CAE•CAE agreed to sell its airline operations software business, Flightscape, to SITA for an enterprise value of US$500 million, subject to customary adjustments. Closing is expected in the first half of 2027, subject to approvals and closing conditions.
1. Sale details
CAE agreed to sell Flightscape, its airline operations software business, to SITA for an enterprise value of US$500 million. The price is subject to customary adjustments, and closing is expected in the first half of 2027, subject to approvals and closing conditions.
2. Use of proceeds
CAE said the sale will sharpen its focus on its core Civil and Defense businesses. Proceeds will support investment in its simulation and training businesses and capital returns to shareholders, while maintaining financial flexibility.
