United Airlines Completes First Phase of Pilot Training Facility Expansion

Corporate Action
โดย Zacks Investment Research·US·Read original
Summary · why it matters

United Airlines has completed the first phase of expansion at its pilot training facility in Denver, adding 40 new CAE training devices since 2022. The facility now has 86 CAE training devices, including 52 full-motion flight simulators and 34 fixed training devices, and can train up to 860 pilots per day. Phase two of the expansion is set to begin next year and is expected to be operational by 2030. United has invested $370 million in the Flight Training Center since 2016 and nearly $1 billion in Denver since 2021.

Impact on stocks 4

Industrials▲ · 3 stocks
United Airlines Holdings Inc
UAL
▲ PositiveCapitalrelevance

United completes first phase of its pilot training facility expansion, investing $370 million since 2016.

Defense & Geopolitical Fragmentation▲ · 1 stocks
CAE Inc. Common Shares
CAE
▲ PositiveDemandrelevance

United's expansion adds 40 CAE training devices, increasing demand for CAE's products.

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