11:48 AM EST - CAE Inc. : and CHC Helicopter, a global leader in helicopter services, announced today, at the eve of Heli-Expo 2011, the closing of the acquisition by CAE of CHC Helicopter's helicopter flight training operations. They also announced the execution of the agreement that will see CAE become CHC's long-term training partner, responsible for training more than 2,000 helicopter pilots and maintenance engineers as well as providing general training, pilot provisioning and certain types of search and rescue training in support of CHC's global fleet. CAE Inc.
shares T.CAE are trading up $0.02 at $12.76.
