CAE acquires Oxford Aviation Academy
May 16, 2012, Montreal - CAE has added seven training centres to its network through the acquisition of Oxford Aviation Academy and OAA's subsidiary Parc Aviation in a $314-million deal announced Wednesday.
May 16, 2012 By The Canadian Press
The Montreal-based company says the new centres will provide training for civil aviation pilots, cabin crew and maintenance personnel.
The four centres that operating as CAE Oxford Aviation Academy will have a capacity to train about 600 cadets annually.
That will increase the number of cadets that can be trained through all of CAE's flight training schools to 1,500 — a 67 per cent increase.
The three centres under the CAE Parc Aviation banner will broaden the company's service offering by providing pilot and maintenance crew to airlines and leasing companies in 40 countries.