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CAE and Directional Aviation complete strategic partnership

November 05, 2019 / FlightGlobal

A strategic partnership between flight training provider CAE and corporate aviation investment firm Directional Aviation announced in August  is now complete after the two companies concluded the deal in early November. Under the agreement, CAE has created a joint venture with Directional affiliate Volo Sicuro and acquired, for $85 million, a 50% stake in simulator-based training company Simcom.