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Thu, Oct 21, 2010

CAE Signs Five-Year Contract Renewal With Flight Options

Pilot Training Available On Multiple Business Aircraft Types

CAE announced Monday at the NBAA annual convention it has signed a five-year contract renewal with Flight Options for pilot training services covering six fleet aircraft types - including the Beechjet 400A, Cessna Citation X, Hawker Beechcraft 800XP and 800 XPi, and Embraer Legacy and Phenom 300. The contract has an expected value of US$15 million.

"CAE's training technology innovation and flexibility are essential to Flight Options' need to adapt to dynamic market conditions," said Michael Silvestro, Chief Executive Officer of Flight Options. "Flight Options pilots and maintenance technicians have been training with CAE for several years, and the quality of their simulation tools and instructional staff continues to set the market standards."

The training will be conducted at CAE SimuFlite in Dallas, Texas and the CAE North East Training Center in Morristown, New Jersey. Embraer CAE Training Services (ECTS), a joint venture of Embraer and CAE, will provide the Phenom 300 training in Dallas.

"Flight Options has a well-deserved reputation for excellent customer service, and we are delighted that they appreciate the high level of service they receive from the entire CAE team," said Jeff Roberts, CAE Group President, Civil Simulation Products, Training and Services. "Flight Options also has an unsurpassed commitment to safety and operational efficiency, and we look forward to helping them continue that commitment as their lead training provider."

Flight Options has had an exclusive training agreement with CAE for its pilots since 2004 and for its maintenance technicians since 2007.



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