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Sun, Jan 11, 2015

CAE Awarded Contracts Valued At More Than $101 Million

Will Provide Eight Full-Flight Simulators And Training Services For Various Airlines

CAE has sold eight full-flight simulators (FFSs) to customers in Australia, Asia, the Middle East and Europe.

The contracts are worth a total of more than C$120 million (approx $101 million U.S.) at list prices, and bring the total number of FFS sales announced in fiscal year 2015 to 31. List prices include the value of OEM aircraft-specific data, parts and equipment (DP&E), normally procured by CAE in the manufacture of its simulators. In the case of these contracts, some customers are providing part of the OEM content.

The contracts include the sale of:

  • One Bombardier Challenger 604 simulator to Cobham Aviation Services of Australia
  • One Airbus A320 simulator for Uzbekistan Airways
  • One Boeing 787-9 simulator to Air China
  • One Boeing B737-800W and one Gulfstream 650 FFS to Emirates-CAE Flight Training
  • Two B737NG simulators to Ryanair. CAE also signed a new pilot training services agreement with Ryanair to support the airline's order of 185 Boeing 737-800
  • One Boeing 737NG simulator to an undisclosed airline

"Airlines and operators from around the world continue to turn to CAE for their training needs. We are very proud to continue to grow our relationships with Air China, Ryanair and Emirates-CAE Flight Training and to welcome Uzbekistan Airways and Cobham Aviation as new customers," said Nick Leontidis, CAE's Group President, Civil Simulation and Training. "Our customers continue to choose CAE because of our longstanding reputation for customer focus, technological leadership and our ability to deliver quality products on time to meet their operational needs."

FMI: www.cae.com

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