CAE wins contracts for three full-flight simulators and training devices valued at more than C$40 million
December 12 2008 - 8:00AM
Marketwired
(TSX: CAE)(NYSE: CGT) - CAE has been awarded contracts to design
and manufacture three full-flight simulators (FFSs) and associated
training devices valued at more than C$40 million at list prices.
The contracts are with Saudi Arabian Airlines and the Hua Ou
Aviation Training Centre in Beijing, China. CAE has announced so
far a total of 26 FFS sales in fiscal year 2009.
"CAE's innovation and flexibility, as well as our commitment to
work closely with our customers, allows us to find ways to address
their specific training needs," said Marc Parent, CAE's Executive
Vice President and Chief Operating Officer. "We are uniquely
positioned to create value for our customers as we offer the
industry's most comprehensive portfolio of simulation products and
training services."
Saudi Arabian Airlines
Saudi Arabian Airlines has ordered two CAE 7000 Series Airbus
A320 FFSs, a CAE Simfinity(TM) Airbus A320 Level 5 flight training
device (FTD), and suite of CAE Simfinity Airbus Pilot Transition
(APT) trainers and Airbus Competence Training (ACT) classrooms for
the A320, A330 and A340 aircraft. The training solutions will be
delivered in 2009 to the Prince Sultan Aviation Training Academy in
Jeddah.
"Saudi Arabian Airlines continues to grow and expand their
operations and we are pleased they have selected CAE's true
fidelity simulation equipment to support their Airbus pilot
training program," said Marc Parent.
Hua Ou Aviation Training Centre
The Hua Ou Aviation Training Centre, a joint venture of Airbus
and the China Aviation Supplies Holding Company (CAS), has ordered
a CAE 7000 Series Airbus A330/340 convertible FFS. The simulator
will be convertible to five types of A330 and A340 aircraft,
including the A330-200 with three different engine types, the
A340-300 and the A340-600. The simulator will be delivered in 2009
to the Hua Ou Aviation Training Centre in Beijing, China.
The Hua Ou Aviation Training Centre operates as one of the
official Airbus Training Centres, providing a range of training
services to airlines operating Airbus aircraft. The centre offers
training for pilots, cabin crew and maintenance personnel.
"This investment is part of Hua Ou's plan to continuously
enhance its support to the Chinese and Asian customers with a high
standard of training and state-of-the-art facilities," said Raymond
Lim, General Manager of Hua Ou. "The new simulator has incorporated
the latest development of aviation technology and will help ensure
our training standard."
About CAE
CAE is a world leader in providing simulation and modelling
technologies and integrated training solutions for the civil
aviation industry and defence forces around the globe. With annual
revenues exceeding C$1.4 billion, CAE employs approximately 7,000
people at more than 75 sites and training locations in 20
countries. We have the largest installed base of civil and military
full-flight simulators and training devices. Through our global
network of 27 civil aviation and military training centres, we
train more than 75,000 crewmembers yearly. We also offer modelling
and simulation software to various market segments and, through
CAE's professional services division, we assist customers with a
wide range of simulation-based needs. www.cae.com
Contacts: CAE Inc. Nathalie Bourque Vice President, Public
Affairs and Global Communications 514-734-5788
nathalie.bourque@cae.com Trade media: CAE Inc. Chris Stellwag,
Director, Marketing Communications Simulation Products and Military
Training & Services 813-887-1242 chris.stellwag@cae.com
Investor relations: CAE Inc. Andrew Arnovitz, Vice President
Investor Relations and Strategy 514-734-5760
andrew.arnovitz@cae.com
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