CAE sells first two full-flight simulators of fiscal year 2010
May 13 2009 - 10:57AM
Marketwired
(TSX: CAE)(NYSE: CGT) - CAE has signed contracts to design and
manufacture two full-flight simulators (FFS) and associated CAE
Simfinity(TM) training devices for Lufttransport AS and an
undisclosed customer from the MENA region (Middle-East and North
Africa region). These contracts are valued at approximately C$25
million at list price and include the first two FFS sales that CAE
has announced for fiscal year 2010.
"We are delighted that these two first time simulation equipment
customers have placed their trust and confidence in CAE for their
acquisition of full-flight simulators and related training
devices," said Jeff Roberts, CAE's Group President, Civil
Simulation Products, Training and Services. "The CAE 5000 Series
simulator has established a new design standard for the industry
and will serve as an excellent training tool for their pilot
training programs."
Lufttransport AS, a Norway-based airline that flies primarily
air ambulance services has purchased a CAE 5000 Series Beech King
Air B200 FFS. This marks the first time Lufttransport has ordered
its own simulation equipment, which will be installed in Oslo,
Norway. The CAE 5000 Series Beech King Air B200 FFS will be
delivered in early 2010 to Lufttransport.
Lufttransport AS, based in Tromsoe Northern Norway and
established in 1955, is a specialist in evacuation medical services
(EMS/HEMS) on contract with the Norwegian government as well as sea
pilot and arctic operations with a modern fleet of both rotary and
fixed wing aircraft. Lufttransport in 2009 will operate the largest
fleet of new Beech King Air B200 aircraft with the Proline-21
cockpit.
"The acquisition of the brand new CAE full-flight simulator in
Norway will mean a giant leap forward for Lufttransport AS in the
ongoing search for improvement of flight safety standards through
quality training measures as well as emphasizing the role of Norway
in flight training," said Stig Naesh, CEO of Lufttransport AS.
The contract with the undisclosed customer from the MENA region
is for a CAE 5000 Series A320 FFS and CAE Simfinity Airbus Pilot
Transition (APT) trainers for the A320, A330 and A340 aircraft. The
equipment will be delivered later this year.
CAE is a world leader in providing simulation and modelling
technologies and integrated training solutions for the civil
aviation industry and defence forces around the globe. With annual
revenues exceeding C$1.4 billion, CAE employs approximately 7,000
people at more than 75 sites and training locations in 20
countries. We have the largest installed base of civil and military
full-flight simulators and training devices. Through our global
network of 27 civil aviation and military training centres, we
train more than 75,000 crewmembers yearly. We also offer modelling
and simulation software to various market segments and, through
CAE's professional services division, we assist customers with a
wide range of simulation-based needs.
www.cae.com
Contacts: CAE contacts: Nathalie Bourque Vice President, Public
Affairs and Global Communications 514-734-5788
nathalie.bourque@cae.com Trade media: Chris Stellwag Director,
Marketing Communications, Simulation Products and Military Training
& Services 813-887-1242 chris.stellwag@cae.com Investor
relations: Andrew Arnovitz Vice President, Investor Relations and
Strategy 514-734-5760 andrew.arnovitz@cae.com
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