CAE inks $130M in flight simulator contracts

MONTREAL—CAE has inked a series of training solution contracts with airlines and aircraft manufacturers valued at more than C$130 million.

The sales of six full-flight simulators (FFSs) bring the total number of FFS sales announced to date in fiscal 2016 to 15. The FFSs are at list prices, which include the value of OEM aircraft-specific data, parts and equipment (DP&E), normally procured by CAE in the manufacture of its simulators. In the case of these contracts, some customers are providing part of the OEM content.

“We are thrilled to support the fleet growth of our long-standing airline customers by offering the most flexible array of training equipment and cadet-to-captain training solutions to the market,” said Nick Leontidis, CAE’s group president, Civil Aviation Training Solutions.

The contracts include:

• Four full-flight simulators, including three Boeing 737 MAX and one Boeing 777, as well as two CAE Simfinity 400XR Integrated Procedures Trainers (IPT) to Shanghai Eastern Flight Training (SEFTC), the training centre subsidiary of China Eastern Airlines
• One Airbus A320 full-flight simulator and an A320 Airbus Pilot Transition (ATP) Trainer to Airbus’ Asian Training Center
• One Boeing 737NG full-flight simulator to Russian aviation equipment company NITA (New Information Technologies in Aviation).
• An exclusive five-year contract with Eastern Air Lines for Boeing 737NG pilot type-rating training in the United States
• An exclusive five-year contract extension with Eastar Jet for Boeing 737NG pilot type-rating training in Seoul, Korea
• A contract renewal for the A330/A340 pilot training for an undisclosed customer in Asia
• A320 flight crew sourcing, through CAE Parc Aviation, for an undisclosed customer is Asia