CAE, Inc. (USA) (NYSE:CAE)
CAPS Rating:
The Company provides simulation and modelling technologies, and integrated training solutions for the civil aviation industry and defence forces.
The Company provides simulation and modelling technologies, and integrated training solutions for the civil aviation industry and defence forces.
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Recs
CAE Inc. operates flight simulator training centers that include Canadair Regional Jet simulatiors. My take is that after Delta emerges from bankruptcy they will sell Comair, well at least the assets. Comair operates Canadair Regional Jets. These jets will be sold to someone (RJET, MESA, SKYW). CAE will pick up alot of the training... CAE will experience the same wave of growth that will soon envelop the airline industry, but they won't have to deal with those pesky fuel prices and cut throat competition.