The Globe and Mail reports in its Wednesday edition that Desjardins Securities analyst Benoit Poirier is keeping his "buy" call and $36 share target for CAE intact. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $35.75. Mr. Poirier thinks Airbus's "impressive" 500-plane deal with IndiGo is "a positive read through" for Canada's CAE, which currently trains about half of the Indian airline's pilots. Mr. Poirier says in a note: "CAE's in-place partnership with the airline carrier is good news for the company; an order from the largest Indian carrier by market share is an indication of the positive growth outlook for the Indian market. ... The region benefits from strong macro tailwinds due to its large population, and high and increasing demand for travel (especially since the end of the COVID-19 pandemic). In its latest market forecast, Airbus also stated that global growth in air traffic is expected to be strongest in India. ... Overall, we view this announcement as positive, as it supports our outlook for positive cash flow generation, as well as continued and growing demand for CAE's products and services amid the strong air travel demand environment."