12-Nov-2009 12:35 PM
Aero Inventory calls in the administrators, CAE drops on lower profit and revenue
Analysis
Aero Inventory has become the latest victim of the global financial downturn and its effect on the commercial aviation industry. The aviation procurement and inventory management software provider announced on 11-Nov-2009 that it has exhausted all avenues to secure working capital and has appointed administrators from KPMG.
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