09:55 AM EST - CAE Inc. : announced that Emirates-CAE Flight Training (ECFT), the joint venture between Emirates Group and CAE, will open a second facility in Dubai, United Arab Emirates, in 2012 to provide additional training capacity for airline pilots and aviation maintenance technicians. The facility will initially house four full-flight simulator (FFS) bays with plans to expand to as many as 10 bays. The first FFSs installed will replicate the Airbus A320 and Boeing 737 families of aircraft. CAE Inc.
shares T.CAE are trading down $0.13 at $12.59.
