June 14, 2012
Aviation trainer CAE said it sold four flight simulators to Aviation Industry of China, Singapore Airlines and two other companies for CAD$65 million (USD$63.3 million).
CAE said on Monday it was awarded a series of military contracts valued at more than CAD$110 million.
The company announced last month that it had bought Oxford Aviation Academy for CAD$314 million to expand its civil aviation-training footprint.
