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CAE Wins EasyJet Training Contract (June 8)

MONTREAL --- CAE has won a contract to train pilots of European low-fare carrier easyJet on the Airbus A320 family of aircraft for a minimum of seven years. The value of the agreement is expected to be in the range of C$40 to 60 million.

As a result of the agreement, CAE will establish a comprehensive training facility at its Burgess Hill location in the U.K. The facility will initially include two CAE full-flight simulators, two CAE SimfinityTM maintenance/flight training devices (M/FTDs), classrooms and related support services. CAE and Airbus will deliver the training using the cooperation’s instructors and curriculum.

EasyJet is widely recognized as Europe’s biggest low-fare carrier, flying on 153 routes between 44 key European airports. In the last two years the airline has carried more than 30 million passengers and is to take delivery of 120 A319s over the next six years.

“This training agreement marks CAE’s entry into the U.K. training services market—having historically been a training equipment provider to many U.K.-based airlines. It demonstrates the continued success of CAE in the outsourced training market and the low-cost carrier market’s increasing confidence in CAE’s training solutions,” said Jeff Roberts, group president, civil simulation and training, CAE.

According to easyJet: “We have a very significant requirement for pilot training over the coming years as we roll out our Airbus A319 fleet and look forward to working with CAE in the next stage of our expansion.”

Airbus Executive Vice President Customer Services Patrick Gavin, added: “Making the choice of CAE, easyJet retained Airbus’s excellence. This success further reinforces the confidence our operators have in the CAE-Airbus training cooperation set up to match future training demands across the world. I am delighted to see Airbus continuing to support easyJet’s growing fleet of A319s and sharp increase in training demand: three to four new A319s on average will enter into service each month over the next three years, which means the necessity for this major low-cost operator to train 200 crews per year from 2005 to 2007.”

The CAE-Airbus cooperation offers a global network of 15 training locations. With 33 full-flight simulators, the cooperation operates the world’s largest fleet of Airbus full-flight simulators.

CAE is a leading provider of simulation technologies and integrated training services to airlines, aircraft manufacturers, defense forces, and marine customers worldwide. The company has annual revenues in excess of C$1 billion, with manufacturing operations and training facilities in 19 countries on five continents.

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CAE Becomes easyJet’s Training Provider