CAE wins contracts for four full-flight simulators and training devices valued at C$54 million
September 10 2008 - 6:58AM
Marketwired
CAE (TSX: CAE) (NYSE: CGT) today announced it has been awarded
contracts to design and manufacture four full-flight simulators
(FFSs) and associated training devices valued at more than C$54
million at list prices. The contracts are with Cathay Pacific
Airways, Southwest Airlines, Lufthansa Flight Training, as well as
Flight Simulation Company. CAE has now announced a total of 18 FFS
sales in fiscal year 2009.
"As the global airline industry continues to face a challenging
business climate and a worldwide shortage of pilots, CAE is
well-positioned to help airlines and third-party training centres
meet their pilot training requirements with the industry's most
comprehensive portfolio of simulation products," said Marc Parent,
CAE's Group President, Simulation Products and Military Training
& Services.
Cathay Pacific Airways
CAE has sold a CAE 7000 Series Boeing 747-8 FFS to Cathay
Pacific Airways. The Boeing 747-8 FFS is required to support pilot
training in preparation for Cathay Pacific taking delivery of new
Boeing 747-8 Freighter aircraft. The simulator will be delivered in
2010 to Cathay Pacific's flight training centre in Hong Kong. In
addition, Cathay Pacific has ordered a CAE Simfinity(TM) Integrated
Procedures Trainer and CAE Simfinity Virtual Maintenance Trainer
for the Boeing 747-8 aircraft.
Southwest Airlines
CAE has sold a CAE 7000 Series Boeing 737-700 FFS to Southwest
Airlines. The Boeing 737-700 FFS for Southwest will be delivered in
2009 to Southwest's training centre in Dallas, Texas. The simulator
will feature the CAE True(TM) electric motion system. It is the
first simulator bought by Southwest since 2004 and will be the
sixth CAE-built FFS operated by Southwest.
"CAE has been selected to supply our newest full-flight
simulator by agreeing to an aggressive manufacturing schedule to
meet our training requirements," said Joe Marott, Director of the
Southwest Airlines Flight Operations Training Center. "This project
is a continuation of the successful partnership enjoyed by both of
our Companies."
Lufthansa Flight Training
Lufthansa Flight Training GmbH (LFT) has ordered a CAE 7000
Series Airbus A330/340 convertible full-flight simulator (FFS). The
CAE 7000 Series FFS will be convertible to an Airbus A330-300 and
Airbus A340-600 configuration. The simulator will be delivered in
October 2009 to LFT's new training centre in Munich, Germany. LFT
has now ordered a total of 32 CAE flight simulators since 1980,
including six over the past two years.
Flight Simulation Company (FSC)
CAE has won a contract to design and manufacture a CAE 7000
Series Airbus A320 FFS for Flight Simulation Company (FSC). Based
in Europe, FSC is an independent provider of simulator capacity,
crew training, and simulator leasing services and consultancy to
commercial airlines and simulator operators.
"We're pleased to continue our relationship with CAE as our
provider of world-class simulation equipment for the comprehensive
pilot training programs we offer," said Captain Bob van Balen,
Managing Director, Flight Simulation Company.
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
Notes to Editors:
Following are some details on the technical features of the
full-flight simulators for each customer:
Cathay Pacific Airways
- Type: CAE 7000 Series Boeing 747-8F FFS
- Motion: CAE True(TM) electric motion system
Southwest Airlines
- Type: CAE 7000 Series Boeing 737-700 FFS
- Motion: CAE True electric motion system
Lufthansa Flight Training
- Type: CAE 7000 Series A330/340 convertible FFS
- Motion: CAE True electric motion system
FSC
- Type: CAE 7000 Series Airbus A320 FFS
- Visual: CAE Tropos-6000 with LCoS projectors
- Motion: CAE True electric motion system
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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