Services are driving revenues and profits in difficult times, Part II

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By Karl Sinclair

May 22, 2025, © Leeham News: In our first look at OEMs in the aviation industry with a significant revenue stream derived from services, LNA analyzed airframe-makers.


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Now the focus shifts to engine and simulator manufacturers, and how after-market sales can pull a company through difficult times. It can even be the model, that a business follows.

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CAE: Leading quietly from Canada, with changes

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By Karl Sinclair

Nov. 18, 2024, © Leeham News: Marc Parent, the CEO of the simulator company CAE of Canada, will step down next year after 15 years at the helm, the company announced on Nov. 12.

Parent, 63, will retire at the Annual General Meeting in August 2025, after 20 years at the company.  He joined CAE after working at Bombardier as an aerospace engineer, working his way up to vice-president and general manager of the Challenger 300, Challenger 604, 850/870, and CRJ-200 aircraft programs.

CAE is the dominant simulator company, providing equipment to the military, corporate and commercial aviation industries.

CAE grew under his leadership to become industry leader in the industry, growing revenues to C$4.3bn and a C$12bn backlog in 2024.

 

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