CAE pulls in numerous airline training contracts worth more than $300M
Contracts include sale of nine full-flight simulators to numerous global airlines
MONTREAL—CAE has secured a series of training solution contracts with more than 15 global airlines valued at more than $300 million.
The Montreal-based company said the agreements span its full range of training equipment and programs, covering “the entire entire career life cycle of professional pilots, from cadet to captain training, to cabin crew training, aviation personnel resourcing, as well as training centre operations and post-delivery services.”
The training equipment sale includes nine full-slight simulators to Air Canada, Air India and several others. Meanwhile the company also sold numerous multi-year contracts for pilot and cabin crew training programs.
“This latest series of contracts affirms the strength of the global aviation market and our position as the training partner of choice. We see continued demand for our products, training and services from long-standing partners to new airline customers worldwide,” Marc Parent, CAE’s president and CEO, said.