Qatar Airways orders flight simulators from CAE, expands pilot training
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FILE PHOTO: A logo of Qatar Airways is seen at Hamad International Airport in Doha, Qatar June 12, 2017. REUTERS/Naseem Zeitoon
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.4%
EPS Growth %: +77.4%
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FARNBOROUGH, ENGLAND (Reuters) - Qatar Airways on Monday agreed to buy five full-flight simulators from aviation training firm CAE, executives from both companies said at a signing ceremony at the Farnborough Airshow.
The flight training simulators will be used on Boeing Co (NYSE: BA) 777X widebodies and single-aisle 737 MAX airplanes.
The companies did not disclose the value of the deal.
(Reporting by Eric M. Johnson in Seattle, editing by Louise Heavens)
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