19-Jul-2018 12:24 PM
SIA-CAE Pilot Training JV In Singapore To Commence Operations
Direct News Source
Singapore Airlines (SIA) and CAE (NYSE: CAE; TSX: CAE) announced today that they will launch operations of their new Singapore CAE Flight Training Pte. Ltd. (SCFT) joint venture for pilot training in Singapore next month. SIA and CAE have concluded the establishment of the joint venture company and all regulatory approvals have been obtained. Plans for the joint venture were announced in August last year, when a Memorandum of Understanding was signed.
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This press release was sourced from Singapore Airlines, CAE, on 18-Jul-2018.