Civil Aviation RevenueCivil Aviation posted muted revenue growth, weaker simulator utilization, and a book-to-bill of 0.84x.
US Pilot HiringUS commercial hiring is down 40% year-over-year, reflecting a significant slowdown in the recruitment of new pilots.
US Training Center UtilizationTraffic at CAE's US training centers fell 4% year-over-year, suggesting a utilization rate of 72%, which is below estimates.