12:47 PM EDT, 09/10/2025 (MT Newswires) -- CAE (CAE.TO) on Wednesday said it signed a 15-year training agreement with WestJet and will establish the Alberta Training Centre of Excellence for Aviation and Aerospace in Calgary.
Expected to open in 2028, the 126,000 square foot facility will house eight full-flight simulators, with room for expansion, alongside cabin trainers and advanced digital learning tools. WestJet will be the Centre's primary commercial airline customer and be the first to schedule initial and recurrent training for pilots and cabin crew, a statement said.
In partnership with Mount Royal University, the facility will be the first of its kind in Canada to combine state-of-the-art training equipment with collaborative research and development initiatives.
"The Alberta Training Centre of Excellence represents what's possible when industry, academia, and government come together with a shared vision for innovation, safety, and workforce development. As global demand for aviation professionals accelerates, this centre positions Canada to remain at the forefront of training excellence," said CAE Chief Executive Matthew Bromberg.
CAE shares were last seen up $0.44 to $36.75 on the Toronto Stock Exchange.
Price: 36.61, Change: +0.30, Percent Change: +0.83