MONTREAL, April 11 /CNW Telbec/ - (NYSE: CGT; TSX: CAE) - CAE has signed
agreements with Ryanair and Interglobe Aviation Limited (IndiGo) to train a
total of 1,490 pilots over the next four years for potential hire by the
airlines. At list prices, these contracts represent approximately $30 million
in training services.
Under the terms of the Ryanair contract, CAE will source, recruit and
train 1,200 suitable candidates. Students, ranging from newly trained cadets
up to seasoned captains, will be type-rated by CAE in preparation for line
training on Boeing 737-800 procedures, as observed by Ryanair.
"Ryanair, Europe's No. 1 low fares airline, is expanding its relationship
with CAE," said David O'Brien, Director of Flight and Ground Operations at
Ryanair. "Ryanair has recruited more than 350 type-rated pilots from CAE
training courses in the last three years. I am confident in CAE's ability to
meet the challenge of filling part of Ryanair's future flight crew training
"Our relationship with Ryanair continues to be strengthened by CAE's
unique ability to tailor the most comprehensive portfolio of training services
in response to the needs of customers," said Jeff Roberts, Group President,
Innovation and Civil Training & Services. "Over the past five years we have
provided Ryanair with different types of training solutions ranging from the
sale of full-flight simulators and other simulation-based equipment to turnkey
pilot training. Today's contract is another example of how we tailor our
training solutions to our customers' needs."
Cadets will train via CAE's Global Academy and receive a type-rating
qualification in CAE's training centre in Amsterdam. CAE's existing training
programs will be tailored to include Ryanair's standard operating procedures,
to ensure the development of highly qualified pilots with the potential to be
recruited by Ryanair.
Ryanair's fleet will reach more than 250 B737NG aircraft over the next
six years. In support of Ryanair's growth and expected increase in training
volume, CAE will provide training to many of the pilots required until 2010.
The contract also tasks CAE with maintaining the B737NG full-flight simulator
used during training.
CAE will provide 290 first officer and captain candidates for Indigo's
"We have complete confidence in CAE's ability not only to train our
future pilots, but also to support us with the work involved in sourcing and
screening candidates," said Steve Harfst, IndiGo's Chief Operating Officer.
"Having a global network of training facilities is a great advantage. CAE
makes training very accessible and more affordable for candidates. Factors
like these confirm our confidence in CAE's ability to provide the best pilots
for our operation."
"We are delighted to welcome IndiGo to the CAE training family," said
Jeff Roberts. "India is a very important market for us, not only because it is
a part of the world where exponential growth is expected in the years ahead,
but also because India is a country where we have strong relationships that
date back 35 years."
Under the terms of the contract, CAE will source, recruit and train
candidates who meet IndiGo's requirements. CAE will undertake a global search
for recruits, using its considerable international database and leveraging the
CAE Global Academy. Qualified candidates will then train at their nearest CAE
training centres. In 2006 alone, CAE recruited, trained and supplied
approximately 500 pilots for commercial airlines around the world.
IndiGo currently operates 58 daily flights with a fleet of nine brand new
A320 aircraft and flies to 13 destinations, including Delhi, Bangalore,
Chennai, Goa, Guwahati, Imphal, Hyderabad, Jaipur, Kolkata, Mumbai, Nagpur,
Pune and Vadodara. IndiGo will take delivery of six additional brand new A320
aircraft this year, taking the fleet size to 15 by the end of 2007. It plans
to serve approximately 30 Indian cities by 2010, with a fleet of approximately
40 A320s. To facilitate speedy booking and the ready availability of tickets,
IndiGo is providing its customers the choice to book tickets through multiple
options. Customers can check schedules and fares and book flights by visiting
www.goindigo.in or by using http://mobile.goindigo.in with a GPRS-capable
mobile phone or PDA, or by calling the IndiGo call center at 1 800 180 38 38
or (0) 99-10-38-38-38, or by visiting IndiGo airport ticket counters, IndiGo
Shops and Reliance World outlets. IndiGo also offers booking through
participating travel agents. IndiGo is India's newest low-fare domestic
airline. It is user-friendly in every possible way. It incorporates the best
hardware, software, interface design and personnel from around the world.
IndiGo's fleet of brand new Airbus A320 family aircrafts are connecting
destinations across the length and breadth of India, offering people a travel
experience that is always affordable, precise and hassle-free.
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, email@example.com; Trade media:
Chris Stellwag, Director, Marketing Communications, (813) 887-1242,
firstname.lastname@example.org; Investor relations: Andrew Arnovitz, Director,
Investor Relations, (514) 734-5760, email@example.com; On the Web: