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    CAE   CA1247651088

CAE INC.

(CAE)
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CAE Inc. and BETA Technologies Announce Strategic Partnership for Pilot and Maintenance Training Program

09/15/2021 | 06:00am EDT

CAE Inc. announced that BETA Technologies selected CAE as its partner to design and develop its pilot and maintenance technician training program for the ALIA eVTOL aircraft. CAE will leverage its decades of training expertise to develop a full suite of innovative, digitally integrated curriculum and courseware solutions for the aviation workforce of tomorrow. The new training program will be built from the ground-up, in parallel with BETA's aircraft certification journey, taking into account the unique operational and mission specific inputs for this aircraft. Advanced Air Mobility (AAM) covers a range of revolutionary new aircraft enabling transport of people and cargo between places previously not served or underserved by civil aviation, with eVTOL aircraft at the forefront. In support of this emerging market, CAE's dedicated Advanced Air Mobility group offers training and operational support solutions to help innovative companies such as BETA certify their eVTOL aircraft, train their pilots and maintainers, and scale standardized AAM operations across global markets.


© S&P Capital IQ 2021
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Analyst Recommendations on CAE INC.
More recommendations
Financials
Sales 2022 3 627 M 2 931 M 2 931 M
Net income 2022 268 M 216 M 216 M
Net Debt 2022 1 967 M 1 590 M 1 590 M
P/E ratio 2022 43,9x
Yield 2022 0,20%
Capitalization 11 867 M 9 597 M 9 590 M
EV / Sales 2022 3,81x
EV / Sales 2023 3,21x
Nbr of Employees 11 000
Free-Float 99,9%
Chart CAE INC.
Duration : Period :
CAE Inc. Technical Analysis Chart | CAE | CA1247651088 | MarketScreener
Technical analysis trends CAE INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 37,46 CAD
Average target price 42,67 CAD
Spread / Average Target 13,9%
EPS Revisions
Managers and Directors
Marc Parent President, Chief Executive Officer & Director
Sonya Branco Chief Financial Officer & Executive Vice President
John Paul Manley Chairman
Pascal Grenier SVP-Global Operations, Technologies & Innovation
Mark Hounsell Secretary & Chief Compliance Officer
Sector and Competitors