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CAE Wins Additional Simulator Orders (Dec 8)

MONTREAL --- CAE has signed contracts with airlines Jet Airways and Japan Airlines International for the provision of two new flight simulators and a range of other aviation training equipment. In addition, CAE has sold an Airbus A320 full-flight simulator as well as two flight training devices (FTDs) -- one for Airbus A320 aircraft, the other for Boeing 737 NG aircraft -- to an undisclosed third-party customer.

With a combined list-price value of approximately C$48 million, these contracts bring the total number of full-flight simulators that CAE has sold in fiscal year 2006 to sixteen.

India’s Jet Airways has ordered a Boeing 737-800 full-flight simulator and integrated procedures trainer, as well as a visual system upgrade for Jet Airways’ existing B737-800 simulator. Delivery of the equipment to Mumbai, India, is slated for early 2007. The full-flight simulator 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.

Japan Airlines International has ordered a CAE Maintenance Training Simulator System for Boeing 737 NG aircraft, which is scheduled to join other CAE-built full-flight simulators and flight training devices already located at the carrier’s training centre at Tokyo’s Haneda Airport in Japan. A CAE Maintenance Training Simulator System is a sophisticated static-based trainer with full-scope simulation.

“These new orders, coming so soon after CAE’s success during the Dubai Air Show, are a vote of confidence in the type of total training solution that CAE has to offer,” said Marc Parent, CAE’s Group President, Simulation Products.

CAE was awarded five contracts for training services and simulation equipment over the course of the Dubai Air Show, which took place in Dubai, United Arab Emirates, November 20 to 24, with a total value amounting to C$27 million. This value is not included in the above-mentioned total of C$48 million.

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 Secures C$48 Million in New Orders for Flight Simulators and Training Equipment