Canadian simulator manufacturer CAE is forecasting growth in its next two fiscal years after a costly restructuring produced a fiscal year 2006 net profit. “As we indicated at the onset of our restructuring plan, fiscal 2006 was a transition year for CAE,” says president and chief executive Robert Brown. In a senior management reshuffle, Don Campbell becomes executive vice-president and Jeff Roberts group president for civil training and services and innovation.
Source: Flight International
