CAE, a high technology company, completed the acquisition of the AirCentre airline operations of Sabre, a software and technology company that powers the global travel industry, for $392m. "Sabre's AirCentre business is highly valued by many of the world's leading airlines, nearly all of whom are customers of CAE today. This acquisition will significantly expand CAE's capabilities across a large airline customer base and allows us to deliver on our objective to help our civil aviation customers operate their businesses with the highest levels of efficiency and precision," Marc Parent, CAE President and CEO.