CAE wins orders valued at C$52 million

CAE signed a contract to provide Flight Simulation Company (FSC) with two Airbus A320 and two Boeing 737NG Level D full-flight simulators (FFSs).

At list prices, including some buyer-furnished equipment, the contract is valued at C$52 million and brings the total new FFS sales that CAE has announced in fiscal 2007 to 24.

In addition, FSC has acquired from CAE a used CAE-built Dornier 328JET simulator.

FSC is an independent training centre based at Amsterdam Schiphol Airport in the Netherlands. The two A320 and two B737NG Level D FFSs will be equipped with CAE Tropos® visual systems and CAE electric motion systems. CAE will deliver all simulators to FSC during the second half of 2007. FSC has now ordered a total of seven Level D FFSs from CAE during fiscal 2007.

"The quality, reliability, and fidelity of CAE's simulators are unmatched so we are pleased to partner with CAE to offer our customers leading-edge simulation technology at the heart of our comprehensive training program," said Captain Bob van Balen, Managing Director, Flight Simulation Company.

"This order signals the continued strength of the global aerospace market and demonstrates CAE's simulation market leadership around the world," said Marc Parent, CAE's Group President, Simulation Products and Military Training & Services. "We are continuing our focus on meeting customer requirements with the highest quality and fidelity simulation products in the market."

CAE is a world leader in providing simulation and modelling technologies, and integrated training services to the civil aviation industry and defence forces around the globe. We design, manufacture and supply simulation equipment and offer training and services. This includes integrated modelling, simulation and training solutions for commercial airlines, business aircraft operators, aircraft manufacturers and military organizations and a global network of training centres for pilots, and in some instances, cabin crew and maintenance workers.

With annual revenues of over C$1 billion, CAE operates in 19 countries around the world. CAE has sold nearly 700 simulators and training devices to airlines, aircraft manufacturers, training centres and defence forces for air and ground purposes in more than 40 countries. We have over 100 full-flight simulators in more than 20 aviation training centres, serving approximately 3,500 airlines, aircraft operators and manufacturers across the globe. CAE licenses its simulation software to various market segments and has a professional services division assisting customers with a wide range of simulation-based needs - CAE.

Teaser

CAE signed a contract to provide Flight Simulation Company (FSC) with two Airbus A320 and two Boeing 737NG Level D full-flight simulators (FFSs).

Body Text

At list prices, including some buyer-furnished equipment, the contract is valued at C$52 million and brings the total new FFS sales that CAE has announced in fiscal 2007 to 24.

In addition, FSC has acquired from CAE a used CAE-built Dornier 328JET simulator.

FSC is an independent training centre based at Amsterdam Schiphol Airport in the Netherlands. The two A320 and two B737NG Level D FFSs will be equipped with CAE Tropos® visual systems and CAE electric motion systems. CAE will deliver all simulators to FSC during the second half of 2007. FSC has now ordered a total of seven Level D FFSs from CAE during fiscal 2007.

"The quality, reliability, and fidelity of CAE's simulators are unmatched so we are pleased to partner with CAE to offer our customers leading-edge simulation technology at the heart of our comprehensive training program," said Captain Bob van Balen, Managing Director, Flight Simulation Company.

"This order signals the continued strength of the global aerospace market and demonstrates CAE's simulation market leadership around the world," said Marc Parent, CAE's Group President, Simulation Products and Military Training & Services. "We are continuing our focus on meeting customer requirements with the highest quality and fidelity simulation products in the market."

CAE is a world leader in providing simulation and modelling technologies, and integrated training services to the civil aviation industry and defence forces around the globe. We design, manufacture and supply simulation equipment and offer training and services. This includes integrated modelling, simulation and training solutions for commercial airlines, business aircraft operators, aircraft manufacturers and military organizations and a global network of training centres for pilots, and in some instances, cabin crew and maintenance workers.

With annual revenues of over C$1 billion, CAE operates in 19 countries around the world. CAE has sold nearly 700 simulators and training devices to airlines, aircraft manufacturers, training centres and defence forces for air and ground purposes in more than 40 countries. We have over 100 full-flight simulators in more than 20 aviation training centres, serving approximately 3,500 airlines, aircraft operators and manufacturers across the globe. CAE licenses its simulation software to various market segments and has a professional services division assisting customers with a wide range of simulation-based needs - CAE.