CAE to sell aviation operations software business Flightscape

Montreal - CAE Inc. has agreed to sell its airline operations software business, Flightscape, to aviation technology firm SITA. The deal's enterprise value is valued at US$500 million. CAE's CEO, Matthew Bromberg, believes SITA is the ideal owner to guide Flightscape into its next phase and is well equipped to support its customers, staff, and future expansion.

Bromberg announced the sale will allow CAE to concentrate on its core civil and defense industries. Flightscape will continue its regular operations until the deal is finalized. The transaction is anticipated to be completed in the first half of 2027, contingent on obtaining regulatory approvals and fulfilling other closing requirements. This news was originally reported by The Canadian Press on October 26, 2026.