MONTREAL, March 8 /CNW Telbec/ - (NYSE: CGT; TSX: CAE) - CAE has sold its
first three Boeing 787 full-flight simulators - two to Qantas and one to
Shanghai Eastern Flight Training, the training subsidiary for China Eastern
Airlines. In addition, CAE has sold a Boeing 737-800 full-flight simulator to
KLM Royal Dutch Airlines.
At list prices, including buyer-furnished data and equipment, the
contracts are valued at C$67 million and bring the total full-flight simulator
(FFS) sales that CAE has announced so far in fiscal 2007 to 33.
Qantas has ordered two B787 FFSs and suites of CAE Simfinity(R) training
devices, including a CAE Simfinity B787 integrated procedures trainer (IPT)
for each suite. It is proposed that each simulator will feature CAE's
next-generation visual solution, including the new CAE Tropos-6000(R) visual
system and Liquid Crystal on Silicon (LCoS) projectors. In addition, Qantas'
B787 FFSs will use CAE's new electric motion system. The first B787 FFS will
be delivered to Qantas' training centre in 2008.
Shanghai Eastern Flight Training (SEFT) is the first Chinese carrier to
order training equipment for the new B787 aircraft. The simulator will be
delivered in late 2008 to the SEFT centre in Shanghai.
"We are proud to have received our first simulator orders for the B787
from major airlines. Airlines that have ordered the Boeing 787 are beginning
to address their upcoming training requirements and CAE is prepared to meet
these requirements with the industry's most innovative and comprehensive suite
of simulation products," said Marc Parent, CAE's Group President, Simulation
Products and Military Training & Services. "We have a proven track record for
building simulators for new aircraft types and an intense focus on customer
support which makes CAE the ideal B787 training partner."
The B737-800 FFS for KLM will be delivered in the spring of 2008 to KLM's
training centre at Amsterdam Airport Schiphol. The simulator will feature
CAE's next-generation electric motion system as well as Liquid Crystal on
Silicon (LCoS) projectors.
CAE is a world leader in providing simulation and modelling technologies,
and integrated training services to the civil aviation industry and defence
forces around the globe. We design, manufacture and supply simulation
equipment and offer training and services. This includes integrated modelling,
simulation and training solutions for commercial airlines, business aircraft
operators, aircraft manufacturers and military organizations and a global
network of training centres for pilots, and in some instances, cabin crew and
With annual revenues of over C$1 billion, CAE operates in 19 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. We have over 110 full-flight
simulators in more than 20 aviation training centres, serving approximately
3,500 airlines, aircraft operators and manufacturers across the globe. CAE
licenses its simulation software to various market segments and has a
professional services division assisting customers with a wide range of
For further information:
For further information: CAE contacts: Nathalie Bourque, Vice President,
Global Communications, (514) 734-5788, firstname.lastname@example.org; Trade media:
Chris Stellwag, Director, Marketing Communications, Simulation Products and
Military Training & Services, (813) 887-1242, email@example.com; Investor
relations: Andrew Arnovitz, Director, Investor Relations, (514) 734-5760,
firstname.lastname@example.org; On the Web: www.cae.com