Taking flight, CAE agrees to sell Flightscape unit to SITA for $500 million

Landon Capital News

CAE Inc. (CAE) has entered into a definitive agreement to sell Flightscape, its airline operations software business, to aviation technology company SITA for an enterprise value of $500 million, subject to customary adjustments.

The transaction is expected to close in the first half of 2027, pending regulatory approvals and satisfaction of other closing conditions. CAE said it plans to use the proceeds to invest in its core simulation and training businesses and return capital to shareholders.

Matthew Bromberg, President and Chief Executive Officer of CAE, said the deal aligns with the company’s transformation plan. “This transaction is fully consistent with our transformation plan and will sharpen CAE’s focus to our core Civil and Defense businesses, where we are best positioned to lead,” Bromberg said.

SITA Chief Executive Officer David Lavorel said the acquisition would expand the company’s offerings to airlines. “With Flightscape, we will bring together our complementary capabilities to strengthen what we offer airlines and connect their operational decisions with insight from across the aviation ecosystem,” Lavorel said.

About Landon Capital
Landon Capital Inc. is a media company that wholly owns subsidiaries Landon Capital Management LLC and Landon Capital News. Landon Capital News distributes economic, and political news in over 176 countries. Landon Capital News provides an in depth and simplistic look at financial, economic, and political news, as it is happening. We also provide our viewers with in-depth analysis on various companies and political news that directly correlate to economics. We bridge the gap of information between the investor and the markets, sectors and industries that they invest. For more information, please contact us at info@landoncapital.net or 404-995-6671 or visit https://landoncapital.net.

Safe Harbor Statement
This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Landon Capital received no direct compensation related to this release. This release contains certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date