CAE to sell Flightscape to SITA in $500 million deal
CAE•CAE will sell its airline operations software business Flightscape to SITA in a deal valued at $500 million, including debt. The transaction is expected to close in the first half of 2027.
1. Sale and proceeds
Flightscape helps airlines plan flights, manage crews and coordinate ground and in-flight services. CAE said it will put the sale proceeds toward its core simulation and training businesses.
2. Strategic review
The deal comes five months after CAE first said it would pursue a strategic review of Flightscape. CAE has stepped up efforts to lower costs and improve cash flow under CEO Matthew Bromberg, including an April job cut that affected 280 workers.
