CAE wins contracts for three full-flight simulators
2009年4月2日 - 4:15AM
Marketwired
(TSX: CAE)(NYSE: CGT) Over the past month, CAE signed contracts to
design and manufacture three full-flight simulators (FFSs) and
associated CAE Simfinity(TM)training devices valued at C$33 million
at list prices. The contracts are with first time simulation
equipment customers Avianca Airlines and Sofia Flight Training, as
well as Emirates-CAE Flight Training (ECFT).
In addition, CAE announced that a contract signed earlier this
fiscal year to provide a Boeing 757 FFS to Flight Training Finance
(FTF) was terminated. However, CAE then sold the Boeing 757 FFS to
an undisclosed customer. During CAE's fiscal year 2009, the company
received orders for 35 FFSs, but due to the termination will
officially report a net total of 34 FFS orders.
"Offering the industry's most comprehensive portfolio of
simulation products has enabled CAE to enjoy another strong year in
the sale of full-flight simulators," said Marc Parent, CAE's
Executive Vice President and Chief Operating Officer. "While the
year ahead will be difficult in civil aviation, our diversified
business portfolio will help ensure CAE's continued success."
Avianca Airlines
CAE has sold a CAE 5000 Series Airbus A320 FFS and related
training devices to Avianca, the flag carrier of Columbia. This is
the first time Avianca has ordered its own simulation equipment,
which will be installed in a new training centre the airline is
currently building in Bogota, Columbia. The CAE 5000 Series A320
FFS, along with CAE Simfinity Airbus Pilot Transition (APT)
trainers for the A320 and A330 aircraft, will be delivered later
this year to Avianca.
Sofia Flight Training
CAE has sold a CAE 5000 Series Airbus A320 FFS to Sofia Flight
Training. This marks the first time Sofia Flight Training, also
known as the Institute of Aviation Transport, has ordered a brand
new simulator, which will be installed at their training centre in
Sofia, Bulgaria. The CAE 5000 Series A320 FFS will be delivered in
early 2010 to Sofia. More information on Sofia Flight Training can
be found at www.sofiaflighttraining.com.
Emirates-CAE Flight Training
CAE signed a contract with Emirates-CAE Flight Training (ECFT)
for the purchase of a CAE 7000 Series Airbus A320 FFS. ECFT will
then lease the simulator to the new CAE Bangalore training centre
in India. The CAE Bangalore training centre currently operates two
CAE 7000 Series FFSs: one Airbus A320 and one Boeing 737NG.
"We are delighted that both Avianca and Sofia Flight Training
have placed their trust and confidence in CAE for their first
purchase of a new full-flight simulator. The CAE 5000 Series
simulator is a new design standard for the industry and will serve
as an excellent training tool for Avianca and Sofia's pilot
training programs," said Parent. "ECFT's order of a CAE 7000 Series
A320 for India will result in a much needed addition to that
market's training infrastructure."
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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