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CAE agrees to sell Flightscape airline software unit to SITA for $500 million
CAE said it will sell Flightscape, its airline operations software unit, to SITA for a $500 million enterprise value, with close targeted in the first half of 2027.
- SITA is now reporting this
- New headline Was: “CAE to sell airline operations software business Flightscape to SITA in $500 million deal”
- Our desk filed its story
Montreal-based CAE Inc. said Monday it has agreed to sell Flightscape, its airline operations software business, to SITA for an enterprise value of US$500 million, subject to customary adjustments. A Reuters headline the same day listed the same figure.
CAE said the transaction is expected to close in the first half of 2027 after regulatory approvals and other closing conditions.
SITA, based in Geneva, said Flightscape software is used daily by more than 90 airlines for planning, crew, operations control, ground coordination and in-flight services1. SITA said work to connect Flightscape with its own products will start only after the deal closes1.
SITA Chief Executive David Lavorel said the combination is meant to help airlines anticipate disruption and recover more effectively1. SITA said Flightscape customers would keep existing service, and that connecting Flightscape to SITA products would start only after close1.
Sources
How it’s being reported
2 sourcesFirst reported by
SITA
SITA strengthens its position in airline operations with agreement to acquire Flightscape
Airline operations software used daily by more than 90 airlines; close in H1 2027.
SITA said it agreed to acquire Flightscape, CAE's airline operations software business, with close expected in H1 2027.
Leaves out The $500 million enterprise value.
CAE to sell airline operations software business Flightscape to SITA in $500 million deal
Leads with a figure in the headline.