CAE signs a series of commercial and business aviation training contracts valued at approximately C$85 million
(firmenpresse) - PARIS, FRANCE -- (Marketwired) -- 06/20/17 -- (NYSE: CAE)(TSX: CAE) - CAE announced today at the 2017 Paris Air Show a series of aviation training solution contracts with large fleet operators and airlines worldwide, including Ethiopian Airlines, Air India, and Japan Airlines. These agreements, valued approximately C$85 million, cover airline pilot and cabin crew training, crew resourcing, business aviation pilot training programs, as well as the sale of four full-flight simulators (FFS).
They include:
Airline pilot and cabin crew training as well as business aviation pilot training agreements, demonstrating the recurring nature of CAE''s offering
Innovative training equipment, including update services and the sale of 4 full-flight simulators
"These contracts come from all regions of the world and highlight the full extent of CAE''s aviation training solutions," said Nick Leontidis, CAE''s Group President, Civil Aviation Training Solutions. "We are proud that our new and existing customers continue to choose CAE as their partner to support their growing training and crew sourcing needs."
The 4 full-flight simulator sales represent CAE''s first four FFS sales for fiscal 2018. 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 more than 8,500 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:
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: 19.06.2017 - 22:01 Uhr
Sprache: Deutsch
News-ID 1509883
Anzahl Zeichen: 2437
contact information:
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PARIS, FRANCE
Phone:
Kategorie:
Aircraft
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