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CAE Inc.

09:51 AM EST - CAE Inc. : And Air Europa today announced that they are building on their longstanding partnership with a long-term agreement to provide pilot and cabin crew training in Madrid, Spain. As part of this agreement, CAE will deploy a B737NG full-flight simulator (FFS) at its Madrid training centre in October 2023. The latest-generation CAE 7000 XR-Series Level D FFS will provide an immersive pilot training experience and add training capacity to support the growth of Air Europa and Air Europa Express. In addition, CAE Madrid will become Air Europa's cabin crew training base, with a new B787 door trainer bringing new capabilities to the centre. CAE Inc. shares T.CAE are trading down $0.10 at $32.82.