CAE wins orders from JetBlue Airways and China Eastern Airlines' training subsidiary
27 October 2005 - 11:15PM
PR Newswire (US)
MONTREAL, Oct. 27 /PRNewswire-FirstCall/ -- (NYSE: CGT; TSX: CAE) -
CAE has been awarded orders by JetBlue Airways and Shanghai Eastern
Flight Training Co. Ltd., the training subsidiary of China Eastern
Airlines, for a total list-price value of C$35 million, including
some buyer furnished equipment. These orders represent CAE's
twelfth and thirteenth simulator sales of its fiscal year 2006.
JetBlue has ordered an EMBRAER 190 full-flight simulator as well as
two CAE Simfinity(TM) flight training devices (FTDs). One FTD is
for EMBRAER 190 aircraft, and the other is for Airbus A320
aircraft. All of the equipment is destined for JetBlue University's
support campus located at the Orlando International Airport.
Shanghai Eastern Flight Training Co. Ltd. has ordered an Airbus
A320 full-flight simulator as well as a CAE Simfinity Boeing 737 NG
integrated procedures trainer, to be delivered to its training
centre in Pudong, Shanghai, in the fall of 2006. Both simulators
will feature the CAE Tropos(TM) visual system, which uses satellite
imagery as well as sophisticated weather and lighting effects to
create realistic training scenarios for pilots. The simulators will
be qualified to Level D, the highest level performance rating for
flight training equipment given by regulatory authorities, while
the FTDs will be qualified to Level 5. "We are honoured by the
continued trust that our customers JetBlue and China Eastern have
shown in CAE's simulation technology," said Marc Parent, CAE's
Group President, Simulation Products. "These new orders highlight
CAE's continued success in growing segments of the market such as
the low-cost carrier market and the Asia-Pacific region." 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, Global
Communications, (514) 734-5788, ; Anne von Finckenstein, Manager,
Public 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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