CAE signs training solutions contracts valued at more than C$375 million
- Orders include 11 full-flight simulator sales for a total of 50 for the fiscal year
(firmenpresse) - MONTREAL, QUEBEC -- (Marketwired) -- 05/02/17 -- (NYSE: CAE)(TSX: CAE) - CAE announced today at the 2017 World Aviation Training Conference and Tradeshow (WATS) a series of commercial aviation training solutions contracts and agreements with airlines worldwide, including Scandinavian Airlines, Ethiopian Airlines, Korean Air and new Chinese customer Donghai Airlines. These agreements, valued at more than C$375 million, form part of the orders awarded to CAE during its fourth quarter of fiscal year 2017. They involve comprehensive cadet-to-captain training programs and the sale of 11 more full-flight simulators (FFS), which brings CAE''s total FFS sales for fiscal year 2017 to 50.
The agreements, which highlight the span of CAE''s commercial aviation training solutions, include:
Ab-initio pilot training agreements, illustrating CAE''s support to the growing need for professional airline pilots
Airline pilot and cabin crew training contracts, demonstrating the recurring nature of CAE''s offering
Innovative training equipment, training centre operations and post-delivery services, including the sale of 11 full-flight simulators, reinforcing CAE''s market leadership position
"We continue to see strong demand in the commercial aviation market and these agreements reaffirm CAE''s position as the industry''s leading global training partner of choice," said Nick Leontidis, CAE''s Group President, Civil Aviation Training Solutions. "We are privileged to support our new and long-standing customers'' growth and we look forward to shaping the future of training with them."
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: 02.05.2017 - 04:00 Uhr
Sprache: Deutsch
News-ID 1501694
Anzahl Zeichen: 2669
contact information:
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MONTREAL, QUEBEC
Phone:
Kategorie:
Aircraft
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