CAE wins commercial aviation training solution contracts valued at more than C$200 million
(firmenpresse) - MONTREAL, CANADA -- (Marketwired) -- 10/18/16 -- (NYSE: CAE)(TSX: CAE) - CAE announced today a series of contracts, including training programs with airlines in North America and Asia, as well as the sale of 12 full-flight simulators for airline training worldwide. These agreements, valued at more than C$200 million, highlight some of the orders CAE has won during its second quarter, and illustrate the span of its commercial aviation training solutions. They include:
Airline pilot training agreements, demonstrating the recurring nature of CAE''s offering
The sale of 12 full-flight simulators and update services, highlighting CAE''s continued training equipment market leadership
"The global commercial aviation market continues to be strong and these contracts reaffirm CAE''s position as the global training partner of choice", said Nick Leontidis, CAE''s Group President, Civil Aviation Training Solutions. "We are privileged to support our partners'' continued success and we are committed to supporting their training needs long into the future."
The sale of 12 full-flight simulators (FFSs) brings the total number of FFS sales announced in the first-half of fiscal 2017 to 21. The FFSs are at list prices, which include the value of OEM aircraft-specific data, parts and equipment (DP&E). In the case of these contracts, some customers are providing part of the OEM content.
More detail about the contracts is available in the trade media fact sheet following the press release.
About CAE
CAE is a global leader in training for the civil aviation, defence and security, and healthcare markets. Backed by a 70-year record of industry firsts, we continue to help define global training standards with our innovative virtual-to-live training solutions to make flying safer, maintain defence force readiness and enhance patient safety. We have the broadest global presence in the industry, with 8,000 employees, 160 sites and training locations in over 35 countries. Each year, we train more than 120,000 civil and defence crewmembers and thousands of healthcare professionals worldwide. .
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Contacts:
CAE contacts:
General Media: Helene V. Gagnon, Vice President,
Public Affairs and Global Communications
1-514-340-5536
Investor relations:
Andrew Arnovitz, Vice President,
Strategy and Investor Relations
+1-514-734-5760
Trade Media:
Frederic Morais, Marketing Leader,
Civil Aviation Training Solutions
+1-514-506-8331
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 18.10.2016 - 04:00 Uhr
Sprache: Deutsch
News-ID 1464213
Anzahl Zeichen: 6705
contact information:
Contact person:
Town:
MONTREAL, CANADA
Phone:
Kategorie:
Aircraft
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