CAE wins contracts for five full-flight simulators and training devices valued at approximately C$60 million
13 January 2009 - 11:59PM
Marketwired
CAE (NYSE: CGT)(TSX: CAE) has won contracts to design and
manufacture five full-flight simulators (FFSs) and associated
training devices valued at approximately C$60 million at list
prices. The contracts are with Continental Airlines, Air China, and
Shandong Airlines, and now bring the total FFS sales announced so
far in fiscal year 2009 to 31.
"We are pleased airlines around the world continue to trust
CAE's true fidelity simulation equipment to support their pilot
training programs," said Marc Parent, CAE's Executive Vice
President and Chief Operating Officer. "We have the industry's most
comprehensive portfolio of simulation products and training
services, and remain confident that we can offer cost-effective
solutions to address the specific training needs of our
customers."
Continental Airlines
Continental Airlines has ordered a comprehensive suite of Boeing
737 Next-Generation (NG) simulation equipment, including two FFSs
and a flight training device (FTD). The two CAE 7000 Series FFSs
along with the FTD will be delivered to Continental's training
centre in Houston in 2009. Continental is taking delivery of new
Boeing 737NG aircraft over the next several years for greater fleet
flexibility and operational efficiencies as it replaces less
efficient 737 Classic aircraft.
"As we add more Boeing 737NG aircraft to our fleet, we need the
highest quality and highest fidelity simulators for our pilot
training program," said Captain Fred Abbott, Continental's Vice
President of Flight Operations. "For many years, CAE has been an
excellent partner working with Continental's Flight Training and
Purchasing groups to deliver high quality and reliable simulation
equipment. We expect this will continue as we add Boeing 737NG
simulation equipment to our training portfolio."
Air China/Shandong Airlines
Air China, the flag carrier of the People's Republic of China,
and Shandong Airlines have jointly ordered three CAE 7000 Series
full-flight simulators (FFSs): two Boeing 737-800 FFSs and one
Airbus A320 FFS. One Boeing 737-800 FFS and the A320 FFS will be
delivered to Air China's training centre in Beijing in the first
half of 2010. The other Boeing 737-800 FFS will be delivered to
Shangdong Airlines training centre in Qingdao in 2010. All three
simulators will feature the CAE True electric motion system and
CAE's next-generation visual solution, including the CAE
Tropos-6000 image generator and liquid crystal on silicon (LCoS)
projectors.
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 contacts: Nathalie Bourque Vice President, Public
Affairs and Global Communications 514-734-5788
nathalie.bourque@cae.com Trade media: Chris Stellwag, Director,
Marketing Communications, Simulation Products and Military Training
& Services 813-887-1242 chris.stellwag@cae.com Investor
relations: Andrew Arnovitz, Vice President, Investor Relations and
Strategy 514-734-5760 andrew.arnovitz@cae.com
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