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CAE Wins Simulator Support Contract (Mar 24)

MONTREAL --- CAE has been awarded a contract by JetBlue Airways for the maintenance of full-flight simulators and other training devices at JetBlue's new training centre in Orlando, Florida. The value of the contract is expected to amount to approximately C$17 million.

Under the terms of the five-year agreement, CAE will maintain four Airbus A320 full-flight simulators, two Embraer 190 simulators, and six flight training devices that CAE has already sold to JetBlue. In addition, CAE will provide maintenance services for two evacuation trainers also located at JetBlue's Orlando training centre.

CAE already delivers maintenance services to the Federal Aviation Authorities in Oklahoma, and to Bombardier in Montreal and in Dallas.

"CAE is always looking for new ways to partner with its customers," said Jeff Roberts, CAE's Group President, Civil Training and Services. "The maintenance services that we are offering JetBlue are a good example of how we can leverage our experience in operating a global network of training centres to help customers reduce their overall cost of training."

"CAE is a proven industry leader in their production and support of premiere flight simulation equipment," said JetBlue's Chief Learning Officer, Mike Barger. "JetBlue pilots experience some of the best training in our industry in large part because of CAE's commitment to our model partnership."

CAE is a world-leading provider of simulation and modelling technologies for civil aviation and military customers. With annual revenues of approximately C$1 billion, the company operates in 18 countries around the world. CAE has sold nearly 700 simulators and training devices to airlines, aircraft manufacturers, training centres and defence forces for air and ground purposes in more than 40 countries. With over 100 full-flight simulators in more than 20 aviation training centres serving approximately 3,500 airlines, aircraft operators and manufacturers across the globe, CAE is a world leader in aviation, maintenance and crew training services.

In the six years since its launch, JetBlue Airways has focused on creating a new airline category - an airline that offers value, service and style. Based out of New York City, the low-cost carrier currently serves 34 destinations with more than 410 flights daily.

CAE Wins C$17-million Maintenance Contract from JetBlue Airways