CAE closes a QTE deal on five flight simulators

Toronto-based CAE closed a qualified technological equipment deal for five flight simulators in October. The transaction was worth around $70 million and is to last around 20 years. This latest deal marks the completion of CAE's plan to lease around one-third of their installed base of flight s...

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Published in:Asset Finance International 2003-11, p.1
Format: Article
Language:English
Subjects:
Aircraft
Aviation
Equipment acquisition planning
Financing
Flight simulation
Flight training
Leasebacks
Training
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description Toronto-based CAE closed a qualified technological equipment deal for five flight simulators in October. The transaction was worth around $70 million and is to last around 20 years. This latest deal marks the completion of CAE's plan to lease around one-third of their installed base of flight simulators, worth approximately $79 million in total.
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source Business Source Ultimate【Trial: -2024/12/31】【Remote access available】; ABI/INFORM Global
subjects Aircraft
Aviation
Equipment acquisition planning
Financing
Flight simulation
Flight training
Leasebacks
Training
title CAE closes a QTE deal on five flight simulators
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