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CAE Sells Civil Simulators, Trainers (Sep 22)

MONTREAL --- CAE has been awarded contracts for four new full-flight simulators and other training devices by several airlines around the world. At list prices (and including some buyer-furnished equipment), the total value of the contracts is approximately C$58 million.

Longstanding CAE customer Japan Airlines International has ordered three CAE-built Boeing 737 NG full-flight simulators, which are scheduled to be delivered to the carrier’s training centre at Tokyo’s Haneda Airport progressively over a 12-month period, beginning in spring of 2007. These simulators will include electric motion system technology.

Finnish national carrier Finnair has purchased a CAE-built EMBRAER 170 full-flight simulator and an accompanying CAE Simfinity EMBRAER 170 flight management systems trainer. The simulator is slated for installation in Finnair’s training centre in Helsinki, Finland, in summer of 2006.

All four of the simulators are Level D -- the highest level performance rating for flight training equipment given by the U.S. Federal Aviation Administration – and will be equipped with the CAE Tropos visual system, which uses satellite imagery as well as sophisticated weather and lighting effects to provide realistic training scenarios for pilots.

Air New Zealand has also purchased a CAE Simfinity Boeing 777 integrated procedures trainer.

“In this competitive market, we are proud to continue building on our relationships with such longstanding customers such as Japan Airlines International, Finnair and Air New Zealand,” said Marc Parent, CAE’s Group President, Simulation Products. “These orders say a great deal about the quality of CAE’s equipment and the company’s ability to offer a wide range of solutions.”

CAE is a leading provider of simulation and modelling technologies as well as integrated training services for commercial and business aviation, and defence customers worldwide. The company has annual revenues of approximately C$1 billion, with operations and training facilities in 17 countries on five continents.

CAE Wins Orders Worth C$58 Million For Full-Flight Simulators and Training Devices