CAE to Develop Aviation Training Facility in Canada

CAE (CAE) and WestJet said Wednesday they entered a 15-year training agreement, under which CAE will develop the Alberta Training Centre of Excellence for Aviation and Aerospace facility in Calgary, Canada, expected to be operational in 2028.

Establishment of the 126,000 square foot facility, which will accommodate eight flight simulators, cabin trainers, and digital learning tools, is subject to customary conditions, the companies said.

WestJet is the facility's main commercial airline client and will be the first to schedule training for its personnel on Boeing (BA) 737MAX, 737NG, 787 Dreamliner, as well as De Havilland Dash 8-400 aircraft, according to a statement.

The facility will collaborate with Mount Royal University to combine training equipment with research and development projects, and also serve commercial aviators from the institute, the companies said.

The training facility expands CAE's footprint in Western Canada and is expected to support WestJet's growing workforce and crew from other carriers. Construction of the center will begin later this year, while training operations are expected to commence upon completion in 2028, according to the companies.

Financial details of the deal were not disclosed.

CAE shares were up almost 1% in recent trading.

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