CAE Inc (NYSE: CAE) rated to Buy by Desjardins
CAE Inc (NYSE: CAE) to Buy.
. (CAE) is engaged in designing, developing, manufacturing and supplying simulation tools and equipment and provides a range of training and other modelling and simulation-based services. The Company also operate a global network of training centres serving pilots, and in some instances, cabin crew and maintenance staff. The products of the Company include full-flight simulators (FFSs), which replicate aircraft performance in a full array of situations and environmental conditions. Sophisticated visual systems simulate hundreds of airports around the world, as well as a range of landing areas and flying environments. These work with motion and sound to create a training environment for pilots and crews at all levels. In fiscal 2009, the Company completed the acquisition of Sabena Flight Academy (Sabena).