CAE shares surged nearly 8% after the company beat fiscal Q2 estimates, reporting C$0.23 EPS versus C$0.20 expected and revenue of C$1.24 billion. Civil aviation revenue rose to C$670 million, signaling improving pilot demand. The firm cited early signs of recovery in airline hiring, particularly in the US, boosting optimism for sustained aviation training growth.
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10:28 am on
12 Nov