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CAE wins contracts for five full-flight simulators valued at more than C$56 million

Written by thomas · Filed Under Aeronautics News 

June 1, 2008

thomas

MONTREAL, QUEBEC–(Marketwire – May 30, 2008) – (NYSE:CGT)(TSX:CAE) – CAE has been awarded contracts to design and manufacture five full-flight simulators (FFSs) valued at more than C$56 million at list prices. The contracts are with Aeroflot Russian Airlines, Ansett Aviation Training, Skymark Airlines of Japan, and CAE’s new training centre in Bangalore, India, which is a joint venture owned 50 percent by CAE. The company has now announced a total of 10 FFS sales year to date in fiscal year 2009.

“We have had a strong start to our fiscal year and we expect continued success by offering the industry’s most comprehensive portfolio of simulation products ideally suited for pilot training programs,” said Marc Parent, CAE’s Group President, Simulation Products and Military Training & Services. “We’re particularly pleased to welcome first-time customer Skymark to our long list of simulation equipment customers.”

Aeroflot

Aeroflot Russian Airlines has ordered a CAE 5000 Series Airbus A320 FFS, which will be delivered later this year to its training centre in Moscow.

“Aeroflot has been operating a CAE-built A320 simulator for the past four years and we have been very satisfied with the high quality of the equipment and CAE’s excellent customer support,” said Mr. Prikhodchenko, Director of Aeroflot’s Training Centre. “When we decided to add another A320 device to our facility, we evaluated CAE’s new 5000 Series full-flight simulator and once again came to the decision that CAE should be our supplier.”

Skymark

Skymark Airlines of Japan has ordered a CAE 7000 Series Boeing 737-800 FFS, which will be delivered in 2009. It is the first simulator CAE has sold to Skymark, a low-fare carrier based in Tokyo, Japan.

Ansett Aviation Training

CAE will provide a CAE 7000 Series Airbus A320 FFS to Ansett Aviation Training, an independent training facility located in Melbourne, Australia. This is the second A320 simulator CAE has sold to Ansett and it will be delivered later this year.

“Ansett Aviation Training continues to expand with our new training facility close to completion where we will provide a first-class training experience across a range of aircraft types,” said David Gilmour, Director of Ansett Aviation Training. “We are pleased to work again with CAE in providing an enhanced training opportunity for A320 operators and their crews.”

CAE Bangalore training centre

CAE signed a contract with the joint venture company that will own and operate the new CAE Bangalore training centre in India. CAE owns 50 percent of the joint venture company. CAE will provide two CAE 7000 Series full-flight simulators: one A320 FFS and one Boeing 737NG FFS. In addition, CAE will provide a CAE Simfinity(TM) Airbus Pilot Transition (APT) trainer. The simulators are scheduled to be delivered this summer.

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