Simulation and training specialist CAE has acquired Oxford Aviation Academy (OAA) in a C$314 million ($309 million) deal that will add seven training centers and 40 full-flight simulators (FFS) to CAE’s worldwide base of facilities. The acquisition will take CAE’s civil training locations to 42 with a total of 211 FFSs. It also expands the number of CAE-operated flight schools from eight to 12, taking annual cadet capacity up to 1,500. The inclusion in the deal of OAA's ...

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