Iran war hammers CAE's bottom line, with training centre shutdowns underway

by Christopher Reynolds, The Canadian Press

MONTREAL — The head of CAE Inc. says the Iran war is poised to continue hammering its bottom line, as the flight simulator maker scales back its footprint abroad to cut costs.

Categories

Recent Posts

From business leaders to sports fans, Canada responds to trade war escalation
From business leaders to sports fans, Canada responds to trade war escalation
Intense storm brings power outages, travel woes to parts of B.C.
Intense storm brings power outages, travel woes to parts of B.C.
Conservatives call on government to release U.S. trade offer details
Conservatives call on government to release U.S. trade offer details
Eastern Canadian premiers renew pleas to buy local amid trade war with United States
Eastern Canadian premiers renew pleas to buy local amid trade war with United States
Small seaplane crashes in woods near St. John's, N.L., injuring both men on board
Small seaplane crashes in woods near St. John's, N.L., injuring both men on board
No room for missteps in bank earnings after run-up in lenders' stocks: fund manager
No room for missteps in bank earnings after run-up in lenders' stocks: fund manager
Here's why the Bank of Canada is worried about the rise of private credit
Here's why the Bank of Canada is worried about the rise of private credit
The latest on trade negotiations between Canada and the United States
The latest on trade negotiations between Canada and the United States
Vancouver, Montreal soccer fans boo U.S. anthem after trade talks break down
Vancouver, Montreal soccer fans boo U.S. anthem after trade talks break down
B.C. Conservative MLA Reann Gasper resigns; Kerry-Lynne Findlay to run for seat
B.C. Conservative MLA Reann Gasper resigns; Kerry-Lynne Findlay to run for seat

GET MORE INFORMATION

Reza Hamzehali

Reza Hamzehali

Agent

+1(604) 704-8989

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Sutton, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By signing up, you agree to receive messages from us. Reply STOP to opt out.

};