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CAE today announced that it has won a series of military contracts valued at approximately C$200 million, the majority of which involves long-term, recurring training services.
CAE announced today that it has been selected as one of the suppliers to support Bombardier Aerospace in the design, integration and development of the Global 7000 and Global 8000 aircraft program. The agreement with Bombardier includes the design and manufacture of an engineering development simulator. This agreement was included in a press release issued earlier today announcing the sale of simulators to various customers.
CAE today announced that it has sold six simulators to customers in Asia and North America: one for Bombardier Aerospace to support in the development of the Global* 7000* and Global 8000* aircraft program; one Boeing 737-800 to Alaska Airlines; one A320 for the Asian Aviation Centre of Excellence in Kuala Lumpur, Malaysia, and three simulators for the Zhuhai Flight Training Centre in China: an Airbus A330, a Boeing 737 and a Boeing 777. In addition, CAE sold simulator updates to various customers.
CAE, a world leader in simulation and training for airlines, inaugurated Wednesday with LAN Perú a world-class training centre for pilots and cabin crew in Lima. The training centre has the capacity to provide training initially to more than 1,000 pilots and cabin crew per year. It is located near the Jorge Chávez International Airport, close to the Peruvian operations base of LAN Perú, the anchor customer for the training facility.
CAE today announced that it has won a series of military contracts valued at more than C$55 million. They include a contract from Airbus Military to develop a C295 full-flight simulator (FFS) for the Royal Air Force of Oman (RAFO), a contract from BAE Systems to provide maintenance and support services for the Indian Air Force’s Hawk training devices, and contracts from the UK Ministry of Defence to upgrade C-130J and Lynx simulators.
On the eve of the Latin American Business Aviation Conference and Exhibition (LABACE), Embraer-CAE Training Services (ECTS), a joint venture of Embraer and CAE have launched Phenom aircraft pilot and maintenance technician training in Brazil at CAE’s training centre near Guarulhos International Airport in São Paulo. This is the third ECTS training location, including Dallas in the United States, and Burgess Hill, near London, in the United Kingdom, and the fourth Phenom full-flight simulator (FFS).
CAE today reported financial results for the first quarter ended June 30, 2012. Net income attributable to equity holders was $21.3 million ($0.08 per share) this quarter, compared to $43.1 million ($0.17 per share) last year. All financial information is in Canadian dollars.
Published in Corporate and Financial
CAE today announced that it has sold three full-flight simulators (FFSs) to Air China for the Airbus A320, A330 and Boeing 737 aircraft. The contracts are worth a total of C$42 million at list prices and bring the total number of FFS sales that CAE has announced to date during fiscal year 2013 to 10.
Published in Asian News
CAE today announced that it has been selected as a preferred training supplier by easyJet. easyJet also extended its long-term pilot training services agreement with CAE in a contract valued at more than C$60 million. The pilot training solution leverages facilities from CAE’s recent acquisition of Oxford Aviation Academy. CAE also provides crew sourcing services to easyJet.
Published in Latest