CAE receives orders for five full-flight simulators and training devices valued at C$63 million
November 12 2008 - 8:00AM
Marketwired
(NYSE: CGT)(TSX: CAE) - CAE has received orders to design and
manufacture five full-flight simulators (FFSs) and associated
training devices valued at C$63 million at list prices. The
contracts are with American Airlines, Air New Zealand, Suzuyo, and
Embraer CAE Training Services. CAE has announced a total of 23 FFS
sales so far in fiscal year 2009.
"By offering the industry's most comprehensive portfolio of
training solutions, CAE is well-positioned to help airlines and
third-party training centres meet their pilot training
requirements," said Marc Parent, CAE's Group President, Simulation
Products and Military Training & Services.
American Airlines
CAE has sold a CAE 7000 Series Boeing 737NG (next-generation)
FFS and CAE Simfinity Boeing 737NG Integrated Procedures Trainer
(IPT) to American Airlines. They will be delivered in 2009 to the
American Airlines Flight Academy in Dallas, Texas. This is the
first simulator CAE has sold to American Airlines since 2001, and
will become the 20th CAE-built FFS operated by American Airlines
and American Eagle.
Air New Zealand
Air New Zealand has ordered a Boeing 787 FFS and a Boeing
777-300 FFS. In addition, CAE will provide a suite of CAE Simfinity
training devices for each aircraft type, including IPTs and virtual
simulators (VSIMs). The CAE Simfinity training devices will be used
for both pilot and maintenance training. CAE will deliver the
Boeing 777 FFS to Air New Zealand's training centre in Auckland,
New Zealand in 2010. The Boeing 787 FFS and associated training
devices will be delivered the following year.
"CAE's technology and product quality combined with their
responsiveness made CAE the ideal choice for our Boeing 787 and
Boeing 777 training programs," said Jignasha Patel, General Manager
of Group Capability at Air New Zealand. "We are committed to
offering our pilots as well as third-party customers the highest
quality flight training programs and we look forward to a long-term
relationship with CAE as our simulation equipment provider for
these aircraft."
Suzuyo
CAE has sold a CAE 7000 Series Embraer 170 FFS and an Embraer
170 Integrated Procedures Trainer (IPT) to Suzuyo for its new
start-up airline, Fuji Dream Airlines (FDA) that will be based in
Shizuoka, Japan. The Embraer 170 FFS and IPT will support pilot and
maintenance training as FDA plans to grow its operations following
the opening of the new Mt. Fuji Shizuoka Airport. The simulation
equipment will be delivered in 2009 to Suzuyo's training centre at
the Shizuoka Airport.
Embraer CAE Training Services
CAE and Embraer's training joint venture, Embraer CAE Training
Services (ECTS), has ordered a CAE 5000 Series Phenom 100/300 FFS.
This is the third 5000 Series FFS ordered by ECTS for the Phenom
100 and 300 jets. The initial pilot and technical training programs
for the Phenom 100 recently commenced at CAE's training facility in
Dallas, Texas.
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 Inc. 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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