The Montreal flight simulator giant CAE has announced, in turn, that it is cutting its business ties with Russia in the wake of the invasion of Ukraine.
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In particular, the company will stop offering its training services to Russian airline, business jet and cargo pilots. CAE does not have training centers as such in Russia, but trained Russian pilots at its various global centers.
“The company has also ceased selling and servicing simulators to Russian airlines, and servicing CAE Healthcare distributors,” CAE said in a statement.
At the same time, the company pointed out that it and its employees have raised $125,000 for the Red Cross, while some of its staff in Poland and Hungary volunteer their time to help Ukrainian refugees.
CAE thus joins a long list of multinationals to have announced that they will reduce or cut their operations in Russia, including the giants McDonald’s, Coca-Cola, PepsiCo and Starbucks on Monday, to name a few.