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CAE Agrees to Sell Flightscape to SITA in $500 Million Deal

Flightscape is CAE's airline operations software business; SITA is a global aviation technology company.

A ground vehicle guides a passenger aircraft across the apron / TokenPost.ai
A ground vehicle guides a passenger aircraft across the apron / TokenPost.ai

Under a definitive agreement reached Monday, Oct. 26, CAE will transfer Flightscape, its airline operations software unit, to SITA in a transaction valued at $500 million on an enterprise-value basis.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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