Originally a subsidiary of Irish flag carrier Aer Lingus, the ownership of CAE Parc Aviation passed to management following a buyout in 1995. In July 2008, CAE Parc Aviation was acquired by the Oxford Aviation Academy (OAA) group adding CAE Parc Aviation's flight crew and technical resourcing services to the group's extensive training portfolio.
In May 2012, CAE acquired Oxford Aviation Academy and Parc Aviation to broaden its comprehensive portfolio of capabilities for providing airlines and aircraft operators with end-to-end training and crew sourcing solutions.
CAE is a global leader in modelling, simulation and training for civil aviation and defence. The company employs close to 8,000 people at more than 100 sites and training locations in approximately 30 countries. CAE offers civil aviation, military, and helicopter training services in more than 45 locations worldwide and trains approximately 100,000 crewmembers yearly. In addition, the CAE Oxford Aviation Academy offers training to aspiring pilot cadets in 12 CAE-operated flight schools. CAE's business is diversified, ranging from the sale of simulation products to providing comprehensive services such as training and aviation services, professional services, in-service support and crew sourcing. The company applies simulation expertise and operational experience to help customers enhance safety, improve efficiency, maintain readiness and solve challenging problems. CAE is now leveraging its simulation capabilities in new markets such as healthcare and mining.