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21 MAY 2012
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Once known as the Oxford Air Training School, and established around 1965, the Oxford Aviation Academy (OAA) has been acquired by Montreal-based simulation and training specialist CAE for C$314m (US$309m). The deal will add seven training centres and 40 full-flight simulators (FFS) to CAE’s worldwide base of facilities. Over the years the school has trained many thousands of ab-intio pilots, particularly for British Airways, and internationally too starting with ANA in 1970. It became the first educational establishment of any kind to win the Queen’s Award for Industry.
"Civil aerospace market fundamentals are strong and we are increasing our position at an opportune time. With this acquisition, CAE responds to market demand with an increased footprint and a complete end-to-end solution for commercial aviation," said CAE President and CEO Marc Parent.
CAE-operated flight schools will now be branded CAE Oxford Aviation Academy. OAA’s seven facilities are located in Denmark, Norway, Sweden, the UK and Hong Kong, providing flight crew, cabin crew and maintenance training for Airbus, Boeing, BAE Systems, Embraer and Saab aircraft. Its four ab-initio flight academies are based in Australia, Hong Kong, the UK and the US. www.cae.com www.oaa.com
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