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CAE announces training contracts worth more than C$180 million

Simulateur A350

CAE has announced a series of contracts at the 2016 Farnborough International Airshow, including long-term training agreements with airlines in Asia as well as the sale of nine full-flight simulators (FFSs) to commercial airlines, aircraft manufacturers and operators worldwide.

They include long-term airline pilot training agreements, with¬†Vietnam Airlines, Asiana Airlines, India’s Jet Airways and an undisclosed airline in the US. ¬†“Demand for professional pilots is rising globally, and CAE is honoured to be the training partner of choice of these airline customers and operators, supporting their growing pilot training need,” said Nick Leontidis, CAE’s Group President, Civil Aviation Training Solutions.

A full breakdown of the contracts announced can be found below:

A 10-year agreement for Airbus A320, A350 and Boeing 787 pilot training with Vietnam Airlines

A 7-year contract renewal for Airbus A330 training equipment services with Asiana Airlines

A 5-year renewal agreement with Jet Airways of India

A new 3-year contract with an undisclosed airline in the United States

Three full-flight simulators, including one Airbus A320, one A350 and one Boeing 787 to Asian Aviation Centre of Excellence, the joint venture between CAE and AirAsia

One Airbus A320 full-flight simulator and one Airbus A320 flight training device to ChongQing Yu Xiang Aviation in China

Five full-flight simulators, including a Boeing 737NG, an Airbus A320, an Airbus A330/A340, a Global 7000 and a Cessna M2 full-flight simulator to undisclosed customers in North America, the Middle East and Asia.