Flight simulator and training service provider sold 50 full flight simulators (FFS) during its 2017 fiscal year, the Canadian company reported in its annual and fourth-quarter results released May 31. For its full fiscal year, ended March 31, CAE posted net income of C$252 million ($186 million) on revenue of C$2.7 billion. Revenue grew 8% year-on-year. Net income before special items was C$28 million, a 20% increase over fiscal 2016. For the 2017 fiscal fourth quarter, CAE reported ...

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