CAE signs two new training agreements in the U.S.
April 19 2005 - 9:01AM
PR Newswire (US)
CAE signs two new training agreements in the U.S. MONTREAL, April
19 /PRNewswire-FirstCall/ -- (NYSE: CGT; TSX: CAE) - CAE has been
awarded contracts to provide flight training to two U.S. customers
for a total value of approximately US$14 million (C$17 million)
over a five- year period. For the first contract, the Airbus-CAE
training cooperation has been chosen by Philadelphia-based USA 3000
Airlines to provide training on Airbus A320 aircraft at a number of
different North American locations within the Airbus-CAE worldwide
network of training centres. Under the terms of the agreement, the
Airbus-CAE cooperation will provide initial training for the A320,
including the training curriculum, instructors, classrooms and
equipment. The Airbus-CAE cooperation will also provide simulator
time for A320 recurrent training. Established in 2002, the
Airbus-CAE cooperation operates the largest fleet of Airbus
full-flight simulators in the world. For the second contract, CAE
SimuFlite has been selected by the Federal Aviation Administration
(FAA), Aviation System Standards (AVN), Aviation Training Team
(AVN-200), located at the Mike Monroney Aeronautical Center (MMAC)
in Oklahoma City, OK to provide initial and recurrent training to
more than 150 FAA pilots on a number of different business
aircraft, including the King Air 300, the Hawker 800, the
Bombardier Challenger 601 and 604, and the Bombardier Learjet 60.
Training will take place at the CAE SimuFlite and Bombardier
training centres in Dallas, Texas, over a period of five years.
"These two new contracts speak volumes about CAE's unique ability
to offer a wide range of services to all segments of the aviation
market, from commercial airlines to business aircraft operators,"
said Jeff Roberts, CAE's Group President, Civil Training and
Services. "Our training services can be combined at one location or
offered across the span of our global network, depending on the
client's needs." CAE is a leading provider of simulation and
modelling technologies as well as integrated training services for
commercial and business aviation, and defence customers worldwide.
The company has annual revenues of approximately C$1 billion, with
operations and training facilities in 17 countries on five
continents. DATASOURCE: CAE INC. CONTACT: Media contacts: Nathalie
Bourque, Vice President, Corporate Communications, (514) 734-5788,
; Anne von Finckenstein, Manager, Media Relations, (514) 340-5370,
; Investor relations: Andrew Arnovitz, Director, Investor
Relations, (514) 734-5760, ; On the Web: http://www.cae.com/
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