MONTREAL, Aug. 1 /PRNewswire-FirstCall/ - (NYSE:CGT) (TSX:CAE) - CAE has signed contracts to design and manufacture three CAE 7000 Series full-flight simulators (FFSs) and a suite of Boeing 787 maintenance training devices valued at C$51 million at list prices. This brings the total FFS sales that CAE has announced in fiscal 2008 to 16, including two Phenom FFS committed to by the CAE-Embraer planned joint-venture and previously announced on May 28, 2007.
CAE won a contract to design and manufacture a CAE 7000 Series Airbus A330/A340 full-flight simulator for the United States Federal Aviation Administration (FAA).
The A330/A340 convertible FFS for the FAA will be delivered in the summer of 2008 to the FAA's Mike Monroney Aeronautical Center in Oklahoma City, Oklahoma. The FAA will use the simulator for evaluator training as well as for research and development (R&D) initiatives. For example, the FAA plans to network the A330/A340 FFS to an existing CAE-built B737 simulator to perform real-time operational evaluations of closely separated aircraft. The FAA will also use the simulator to examine issues such as multiple aircraft parallel approaches, converging approaches, and simultaneous aircraft operation on parallel runways.
The Boeing 737NG FFS for Virgin Blue will be delivered to a training centre in Melbourne, Australia later this year. The simulator will feature the CAE TrueTM electric motion system, a new state-of-the-art all-electric motion system providing more accurate and authentic cues for pilot training. This contract is CAE's first with Virgin Blue, Australia's award-winning low fare airline.
"We're excited to be developing the A330/A340 simulator for the FAA as they plan a number of important R&D initiatives designed specifically to improve efficiency and safety of the US national airspace," said Marc Parent, CAE's Group President, Simulation Products and Military Training & Services. "We're also pleased to welcome Virgin Blue to our long list of simulation equipment customers. CAE offers the industry's most comprehensive portfolio of simulation products and we look forward to a long-term business partnership with Virgin Blue as they continue to grow and expand their operations."
Air France has signed a contract to purchase a CAE 7000 Series Airbus A320 FFS that will be delivered later this year to the Air France training centre at the Paris Charles-de-Gaulle Airport. The simulator will feature CAE's next-generation visual solution, including the new CAE Tropos(R)-6000 visual system and Liquid Crystal on Silicon (LCoS) projectors. This marks the first time Air France has selected CAE's Tropos visual system for a FFS.
"This CAE-built A320 simulator featuring CAE's Tropos-6000 combined with LCoS projectors is a step forward in achieving the highest standard of quality available for Air France pilot training," said Serge Gourlaouen, Deputy Vice President of the Air France Crew Training Centre.
Japan Airlines International Co. Ltd. (JAL) has added to its existing order of Boeing 787 simulation equipment from CAE by ordering a Boeing 787 Level 5 maintenance training device and a suite of CAE Simfinity(R) virtual maintenance trainers. The Boeing 787 maintenance trainers will complement the two Boeing 787 FFSs and Boeing 787 integrated procedures trainer that JAL has already ordered from CAE to provide JAL with a comprehensive Boeing 787 training solution for both flight and maintenance crews.
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 maintenance workers.
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 100 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 simulation-based needs.
Source: CAE INC.