Training and Workforce
Jefferies: With Simcom in Fold, CAE Rapidly Expanding
Simcom helped boost CAE’s market share to 40%
Simcom's facility in Lake Nona, Florida (Photo: CAE)
Simcom is ramping up simulator bays at its Lake Nona, Florida, facility, which opened in July 2023. © CAE

CAE has been growing rapidly in market share on the strength of agreements such as with Flexjet as well as through its acquisition of a majority share of Orlando, Florida-based flight trainer Simcom, according to analyst Jefferies. 

CAE announced in November that it was increasing its ownership stake in Simcom, while Flexjet retained a minority stake. As part of the transaction, CAE and Simcom extended their respective business aviation training services agreement with Flexjet and its affiliates, pushing out the remaining exclusivity period collectively to 15 years.

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