CAE (NYSE: CAE) has acquired the AirCentre airline operations portfolio, a suite of flight and crew management, from Sabre Corporation (NASDAQ: SABR). The $392 million agreement includes the AirCentre portfolio, technology and IP, and workforce.
CAE has been unifying the digital flight operations ecosystem over the last 3 years with the goal of delivering a suite of services designed to improve operations and enhance flight and crew experience.
“Sabre’s AirCentre business is highly valued by many of the world’s leading airlines, nearly all of whom are customers of CAE today,” said Marc Parent, CAE’s president. “This acquisition will significantly expand CAE’s capabilities across a large airline customer base and allows us to deliver on our objective to help our civil aviation customers operate their businesses with the highest levels of efficiency and precision,”